Match up the following definitions with the correct description. Third Party Administrators Producer Staff claims representatives Independent adjuster Public Adjuster A. An organization that provides administrative services associated with risk financing and insurance. B. An insurance professional who places insurance and surety business with insurers and who represent either insurers, insureds, or both. C. Employees of an insurer who handle most claims, usually while working from branch or regional offices. D. Handles claims for insurers for a fee. E. An outside organization or person hired by an insured to represent the insured in a claim in exchange for a fee.
Match up the following definitions with the correct description. Third Party Administrators Producer Staff claims representatives Independent adjuster Public Adjuster A. An organization that provides administrative services associated with risk financing and insurance. B. An insurance professional who places insurance and surety business with insurers and who represent either insurers, insureds, or both. C. Employees of an insurer who handle most claims, usually while working from branch or regional offices. D. Handles claims for insurers for a fee. E. An outside organization or person hired by an insured to represent the insured in a claim in exchange for a fee.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Match up the following definitions with the correct description.
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Third Party Administrators |
Producer |
Staff claims representatives |
Independent adjuster |
|
|
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