I can only applaud ACORDIA. What was supposedly uncovered was not in traditional Contingent Contracts. It was open bidding commision for growth and pricing. Traditionally and today they are what it says. Contingent on writing a profitable book of business for a company. It is to help front end underwriting by agents to place business in it\’s proper place.
FINALLY, someone with a voice stands up! GO GET \’EM!
I can only applaud ACORDIA. What was supposedly uncovered was not in traditional Contingent Contracts. It was open bidding commision for growth and pricing. Traditionally and today they are what it says. Contingent on writing a profitable book of business for a company. It is to help front end underwriting by agents to place business in it\’s proper place.