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E&O Issues Dealing with Small Wholesalers

An agent asks, "What is considered 'best practices' for entering into agency agreements with smaller wholesalers who have niche or specialty markets, many of whom are Internet based? Is it considered a good practice to verify that such a brokerage actually has the carrier appointment or program that it is claiming or request verification of the wholesaler's E&O coverage?"

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Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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