Thursday, 22 June 2017

How Employee Pooling Assist in Licensing and Contracting needs

Employee pooling is one of the renowned Business Process Outsourcing organization which has been providing Agent/Agency Contracting services to our clients from a long period of time. With Employee Pooling, your contracting management service is in secure hands. We make full use of technology to accommodate the changing regulatory landscape while maintaining high level of personalized client service. 

As the name suggests, Licensing and Contracting pertains to helping the agent acquire a contract so as to allow him/her to sell a policy for a particular carrier. Each state requires insurance agents to hold a license to sell policies. Most states require separate licenses to sell property and casualty insurance versus life and health insurance.
Our licensing and contracting team will help you through every step of the contracting process. We provide both front end and backend services for licensing and contracting process. In the front-end, we scrub the agent’s contracting packet to determine if all the information has been provided by them, process it further and send it to the carrier so they can allot an Agent Writing Number. In the back-end, we follow up with the carrier to acquire Agent Writing Number and to determine the requirements they need to appoint the agent.

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