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How an insurance adjuster gets paid depends on the type of adjuster they are. Company adjusters are typically on a fixed salary from the insurance company and may also get an annual bonus, such as ...
Crawford & Company is one of the world's largest independent providers of claims management to the risk management and insurance industry as well as self-insured entities. . The company is based in Atlanta, Georgia with clients in more than 70 countri
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Independent agents are independent contractors for the insurance companies they represent. Several companies may authorize the agent to sell for them, but the agent remains an independent businessperson. While the agent collects commissions, they do not collect a salary from the companies they represent. On average, independent agents work with ...
Based in Bermuda, Nephila Capital Ltd offers a broad range of investment products focusing on instruments such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives. [43] As of mid-20203 the firm manages $7.2 billion. [44]
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.
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use the term errors and omissions (E&O) insurance Other professions that commonly purchase professional liability insurance include accounting, engineering, land surveying and financial services, construction and maintenance (general contractors, plumbers, etc., many of whom are also surety bonded), and transport.