Wednesday, July 13, 2011

What are the responsibilities and daily tasks of an insurance broker in New York State?

Insurance policies are "bound" or contract with individual insurance companies. Insurance companies are meeting presentations, etc. with each state to do business.

Daily Tasks

Most days of an agent is committed to maintaining existing policies, answering questions, resolving errors and changes or of one kind or another. Lots and lots of records and follow up with clients, insurers and the personnel of a variety of support. If you are trying not admitted carriers, you can expect everything twice.

In addition

A broker is an agent working with more than one carrier. Lots and lots of different underwriting criteria to memorize.

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