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How to Complete ACORD Agent of Record Forms
Agency Staff Articles, Coverage Article
Understanding the ACORD 36 Agent of Record Form In 2023 alone, the United States insurance industry produced $1.54 trillion in written premiums. Because of this enormous figure, having effective insurance representation through an broker of record is vital for agencies and policyholders alike. Yet, switching insurance representatives involves more than a simple handshake. That’s where the […]
How to Complete the ACORD Cancellation Form – ACORD 35
Agency Staff Articles, Coverage Article
Understanding the ACORD Cancellation Form The ACORD cancellation form is essential in documenting and formalizing the termination or modification of insurance policies. This form, also referred to as the LPR insurance form or lost policy release form, helps prevent coverage disputes, maintain compliance, and streamline administrative processes. When to Use an ACORD Cancellation Form Insurance […]
How to Complete the ACORD No Loss Form – ACORD 37
Agency Staff Articles, Coverage Article
Understanding the Purpose of the ACORD No Loss Form The ACORD 37 form or statement of no loss form, is a crucial insurance document used primarily to verify that an insured party hasn’t experienced any losses or claims during a lapse or gap in insurance coverage. This property insurance no loss statement helps insurance carriers […]
The Practical Guide to Insurance Designations
Agency Staff Articles, Helpful Tips: For Employees, Helpful Tips: For Onboarding, Helpful Tips: For Training
As you begin your career in insurance, it is important to understand how you can create long-term success in this industry. There is a lot to learn and, quite honestly, the learning never stops. The sky is the limit as far as options that are available to you to continue growing and developing your insurance […]