Agency/Brokerage Agreements and Hiring Practices: Two Critical Topics for Producers to Consider

Mark B. Robinson and Jeffrey D. Farrow presented on “Agency/Brokerage Agreements and Hiring Practices: Two Critical Topics for Producers to Consider,” at the American Agents Alliance Convention & Expo on Saturday, September 22, 2018 at 8 AM.

Through representing brokers and agents, Mark and Jeffrey have found agency/brokerage agreements and hiring practices to be two critical topics producers must consider. All too often, producers enter into contracts with insurers to solicit and submit applications for insurance without a real understanding of the terms they are agreeing to. To begin, Mark covered the topic of agency/brokerage agreements with insurance carriers. Thereafter, Jeff highlighted five pitfalls agents/brokers may face when hiring competitor’s employees.