ETHICS
I am:
-- choose a sphere of activities --
Damage insurance agent
Damage insurance broker
Independant claims adjuster
Claims adjuster employed by an insurer
Manager
Student
Other
PLEASE ANSWER THE FOLLOWING QUESTION.
You are a damage insurance broker acting on behalf of ABC, a firm that has transferred all its clients to the XYZ Insurance Company. The firm has signed an exclusive contract with this insurer.
In your opinion, what should you do?
Nothing, since you are now employed by the XYZ Insurance Company and no longer report to ABC.
You must change your status from damage insurance broker to damage insurance agent and notify your clients.
You notify your clients and remain a damage insurance broker.