Agency Compliance Tracking for Carriers: Principal vs. Branch Location

Produced by: Vertafore

Format: White Paper

Topics: Compliance

Overview

There are certain trade-offs carriers must evaluate when it comes to tracking compliance requirements at a principal agency level versus tracking each individual branch location. 14 states still require carriers to track branch locations, and it is unlikely this requirement will be eliminated anytime soon.

To assist carriers deciding between these different approaches, we offer “Agency Office Compliance Tracking for Carriers: Principal vs. Branch Location,” a white paper that provides expert insights and a detailed comparison of considerations. Differences between each approach center on topics such as:

  • Onboarding
  • Agent change
  • Agency coding
  • New business license validation
  • Sales reporting and commissions
  • and more

Free White Paper

Thanks to Vertafore for making this content available free of charge. By submitting this form, you agree to have your info passed on to them for the purpose of following up on your interest.

Featured Reports

Driving Insurance Transformation: A Map to Core Modernization with Appian, Guidewire and PwC

Webinar Appian

Fixing Living Area: How Errors Are Costing Carriers Billions in Premiums

Webinar CAPE Analytics

The 2024 AI Handbook for Insurance Leaders

Whitepaper Appian

New Research