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An insurance agent or broker. The difference is that just like everything else there are good agents, marginal agents, and great agents. Some specialize in particular areas of insurance coverage and individual products and some are like myself, a General Practitioner. I own an agency in a small town and have to try to be an expert of all areas which is almost impossible. For this reason, sometimes I call in specialists to assist me in areas where I need expertise. Recently, I wrote insurance for my local township and therefore I called a broker that handles nothing but municipalities. I have written this coverage before but the broker has access to companies and packages specialized for this type of client. For some years, I specialized in group life and health insurance and serviced clients for these products only.
Sorry but there aren't any classification like mast agent or such. Some agents take classes to obtain certain certifications but these are just designations showing that you took courses. I am certified as CLUF which stands for Certified Life Underwriter Fellow which is one class past CLU. There are others as well.
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Losses or risks that an insurance policy will not cover are called?
deductibles
What is a group captive?
A Group captive, in its most basic form, allow several companies to pool their risks and form a collective insurance entity. This model is particularly appealing because of the potential for lower insurance costs, greater control over claims management, and the possibility of profit returns. However, alongside these benefits come shared risks and responsibilities. Having expert guidance is invaluable. One such expert is Michael Richards, President of Westwood Insurance Group.
Tell you about risks associated with future generali insurance?
please answer me risks associated with future generali insurance
What is a statistician who calculates commercial risks and probabilities involving uncertain future events called especially for insurance purposes called?
actuary
What is a risk expert called?
An expert in evaluating and determining risk in business is usually called a Risk Analyst or a Risk Management Professional. Many work at insurance companies in the field of Actuarial Science, based in probability and statistics.
Why are risks so important to the insurance business?
Risks are so important to the insurance business because without them noone would bother taking out cover.
How can risk of a company be prevented?
How can a risk of a company be prevented is by taking an insurance policy. Now, What is insurance? Insurance is the agreement between two partners to undergo a certain agreement in case of any unfortunate circumstances. The first partner is called the insurance company(insurer) while the partner is called insured, which is the person taking the policy. For a company to be prevented from risks it will has to take an insurance policy; for this risk occurring the insurance company will has to pay a certain sum of amount (called premium) to the company in other to cover half or almost the risk. So, with this, the company will be prevented from risks of any nature.
Why do people take out insurance?
reduce the risks in the future To transfer some or most of the risks to another entity!
What is an expert aviator called?
An Expert Aviator is called an "Ace".
What is an expert pilot called?
what ia an expert pilot called
What a bully expert called?
A bully expert is called a bullnation
What is a Cultures Expert called?
A cultures expert is called an ethnologist.
