National News
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There's No Crying in Insurance
National News • August 13, 2008
Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins.
There may be some truth to the big ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: unfair advantage | Gentle Reader | Aug 20, 2008, 3:15 pm |
| RE: unfair advantage | F. MICHAEL CONTE | Aug 20, 2008, 1:29 pm |
| RE: Generalization r us and Contingents | temblor | Aug 19, 2008, 6:14 pm |
| Generalization r us | Mega employee | Aug 19, 2008, 5:35 pm |
| Contingents | cheryl downey | Aug 19, 2008, 3:01 pm |
| This one doesn't bother me a bit | mn captiveette | Aug 18, 2008, 12:01 pm |
| RE: RE: You've Missed The Point | Brokette | Aug 14, 2008, 4:29 pm |
| RE: You've Missed The Point | AJ | Aug 14, 2008, 3:34 pm |
| TWINS BEAT YANKEES 4 - 2 !!! | L@@K | Aug 14, 2008, 8:10 am |
| Think it thru | Temblor | Aug 14, 2008, 4:40 am |
| RE: Think it thru | Brokette | Aug 14, 2008, 1:28 am |
| Think it thru | Susan | Aug 13, 2008, 9:00 pm |
| RE: Stealing | Brokette | Aug 13, 2008, 6:36 pm |
| Stealing | Temblor | Aug 13, 2008, 6:24 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | Az Agent | Aug 13, 2008, 5:16 pm |
| RE: RE: RE: RE: RE: RE: RE: You've Missed The Point | Brokette | Aug 13, 2008, 4:15 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | nick | Aug 13, 2008, 3:48 pm |
| RE: RE: RE: RE: You've Missed The Point | Eric | Aug 13, 2008, 2:46 pm |
| RE: RE: RE: Comments Not On Point -- Dear IJ... | Reagan | Aug 13, 2008, 2:24 pm |
| unfair advantage | JC | Aug 13, 2008, 2:09 pm |
| RE: RE: RE: RE: You've Missed The Point | John O'Brien | Aug 13, 2008, 1:59 pm |
| espaker@yahoo.com | Eliot | Aug 13, 2008, 1:59 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | Boo hoo | Aug 13, 2008, 1:56 pm |
| RE: RE: RE: RE: You've Missed The Point | M | Aug 13, 2008, 1:47 pm |
| Commission Disclosure | JMA | Aug 13, 2008, 1:47 pm |
| RE: RE: RE: You've Missed The Point | M | Aug 13, 2008, 1:43 pm |
| RE: RE: RE: RE: RE: You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 1:42 pm |
| RE: RE: RE: RE: RE: You've Missed The Point | ad | Aug 13, 2008, 1:41 pm |
| RE: RE: RE: RE: You've Missed The Point | MI INS Guy | Aug 13, 2008, 1:31 pm |
| RE: RE: RE: Hey ! About the Twins ! | Twin Fan | Aug 13, 2008, 1:31 pm |
| RE: RE: Comments Not On Point -- Dear IJ... | The Bambino | Aug 13, 2008, 1:28 pm |
| RE: RE: RE: You've Missed The Point | Brokette | Aug 13, 2008, 1:23 pm |
| RE: RE: RE: You've Missed The Point | Az Agent | Aug 13, 2008, 1:22 pm |
| RE: Comments Not On Point -- Dear IJ... | izzy | Aug 13, 2008, 1:19 pm |
| RE: You've Missed The Point | Agent/Broker | Aug 13, 2008, 1:14 pm |
| Comments Not On Point -- Dear IJ... | Frustrated | Aug 13, 2008, 1:13 pm |
| RE: RE: You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 1:10 pm |
| RE: RE: Hey ! About the Twins ! | Kirby Suckett | Aug 13, 2008, 1:08 pm |
| RE: You've Missed The Point | BronxBomberBroker | Aug 13, 2008, 1:05 pm |
| Careful -- Your Injustice is showing... | Umpire | Aug 13, 2008, 12:58 pm |
| You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 12:56 pm |
| Reality | Reality | Aug 13, 2008, 12:53 pm |
| RE: Hey ! About the Twins ! | Reagan | Aug 13, 2008, 12:47 pm |
| Hey ! About the Twins ! | Twins Fan | Aug 13, 2008, 10:30 am |
| RE: unfair advantage | Big Dog | Aug 13, 2008, 9:57 am |
| RE: RE: unfair advantage | former agent | Aug 13, 2008, 8:01 am |
| RE: unfair advantage | LAD | Aug 13, 2008, 7:49 am |
| unfair advantage | Mark | Aug 13, 2008, 6:57 am |
| Back to article | ||
Subject: RE: You've Missed The Point
An agent is CONTRACTULLY and STATUTORIALLY required to do what is best for the insurance carrier; regardless of where their heart lies. Every good agent wants to the the best they can for the insured, but they are contractually tied to the carrier.
A broker works solely for the client - which means they have no contract with the insurance carrier. No contract kills off contingent commissions as a possibility. Brokers have to work through MGA's or MGU's to get to the carriers.
These terms are often used interchangeably (especially by the big boys). But once you look at the contract, if one exists, you know for whom they work.