4 New RIBO Management CE now available
NEW COURSE: Insurance Distribution Channels
Credit Hours: 2 RIBO Management CE
Demand for insurance products and services remains as strong as ever but there has been a fundamental shift in the channels consumers choose to make their purchases. Insurance is generally bought directly through an insurer (through its captive agents, the web or other direct channels) or through independent agents and commercial brokers who provide access to the products of several insurers. Agreements bind brokerages and insurance companies together. The terms of these can vary according to the companies involved. These agreements will document the relationship that exists between the two parties.
By the end of this course you will be able to:
- Explain independent and direct channels of insurance distribution in Canada
- Describe agreement between a broker and an insurer
- Describe factors considered by a brokerage to choose an insurer
- Describe factors considered by an insurer to choose a brokerage
This course is included as part of the ILScorp General CE Courses Subscription
ILScorp General CE Course SubscriptionNEW COURSE: Relations between Brokers and Insurers
Credit Hours: 2 RIBO Management CE
Brokerages often regard themselves as being independent of insurance companies, yet their very existence depends upon the insurance company that assumes the risks represented by the policies the broker sells. This tie, in which the broker is the intermediary between the consumer/client and the insurance company, is articulated in the agreements forged between the two entities. Upon completion of this course you will have a strong understanding of the elements of broker agreements.
This course is included as part of the ILScorp General CE Courses Subscription
ILScorp General CE Course Subscription