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BROKER OF RECORD LETTER - ca-insurance.com
www.ca-insurance.com/.../uploads/2014/08/120702-CL-BOR-Letter.doc
BOR Effective Date : To Whom It May Concern: This is to confirm that we have appointed ISU Insurance Services (ISU), as our exclusive insurance broker. This appointment will remain in effect until cancelled in writing.
Broker of Record Letter (BOR) - What Is It? | LinkedIn
https://www.linkedin.com/pulse/broker-record-letter-bor-what-terry...
Most often, the Broker of Record Letter, or BOR, is a letter executed by an insured appointing a new broker. This letter is usually addressed to the insurance carrier or market with a copy to both the incumbent and newly appointed broker. The insurance company usually gives the incumbent broker 5 to 10 days to have the letter rescinded.
The Broker of Record Letter (BOR) - Aviation Insurance
www.transportrisk.com/news/LETTER_WHAT_IS_A_BOR.pdf
The Broker of Record Letter or BOR is a letter executed by an insured appointing a new broker. This This letter is usually addressed to the insurance carrier or market with a copy to both the incumbent and newly
What is a Broker of Record (BOR) Letter? | AviationPros.com
www.aviationpros.com/.../what-is-a-broker-of-record-bor-letter
The BOR letter suspends your current broker’s ability to negotiate on your behalf with the insurance company and terminates the business relationship between you and your current agent/broker.
Sample letters to use with insurance companies
https://www.nationaleatingdisorders.org/.../SampleLetters.pdf
Follow up letters with phone calls and document whom you speak to. Don’t assume one insurance department knows what the other is doing. Don’t panic! Your current issue or rejection can be a computer generated “glitch.”
Broker Of Record Letters: Handle them with care! - Hope ...
www.hopeaviation.com/broker-of-record-letters-handle-them-with-care
By Stuart Hope, as published in World Aircraft Sales Magazine (April 2013) The Broker of Record (BOR) letter is one of the most powerful and abused documents in the insurance industry. Unfortunately, many less-than-scrupulous brokers convince lay insurance buyers to sign this document without explaining exactly what it accomplishes, cautions Stuart Hope.
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