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An agent of record (AOR) is an individual or legal entity with a duly executed contractual agreement with an insurance policy owner in line with the prevailing legal norms and regulations of the region in which the contract was entered. The agent of record has a legal right to receive commissions from the respective insurance policy.
The Lloyd's of London insurance market uses ACORD standards for messaging between counterparties. [6] Lloyd's Core Data Record, an attempt to standardized data exchange, is based on ACORD standards. [7] In 2018, ACORD partnered with DataPro on the production of new software that would streamline the implementation of insurance data standards.
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement.
This map from Google Trends shows which Christmas cookies are the most searched for in America by state in 2024. See if your favorite made the list.
AMSTERDAM (Reuters) -The head of the chemical weapons watchdog said on Thursday he would ask Syria's new leaders to grant investigators access to the country to continue work identifying ...
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