insurance broker

insurance broker - Company to the client world-class museum...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Avishkumar Patel Prof. R, Powell The Conflict of an Insurance Broker This is a very critical condition of A&A Company. However, they should do business in such a way that it maintains their ethical responsibilities and also law and order. As it’s mentioned in the article, A&A Company evaluates a client’s situation and negotiates on the client’s behalf with insurance provider, and provides best insurance coverage with affordable pricing. As per mentioned in article A&A Company already knows about the situation of world-class museum, that the museum needs the lowest priced insurance coverage. Therefore, I think the broker company (A&A) should provide all five quotes of insurance coverage pricing, including Reliable’s quote, and all information of Reliable
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Company, to the client world-class museum. Especially that the Reliable is a small, financially shaky insurance company. A&A should let museum (their clients) make decision of which insurance coverage to buy, rather than choosing a course of action that benefits themselves, even though in reality the client is also better served. About the competition, it is completely fair and honest competition given by Reliable Company. Because if Reliable is giving such low pricing than the company is talking the risk and doing the business. If Reliable gets loss then nobody is going help recover that loss except themselves....
View Full Document

This note was uploaded on 09/20/2011 for the course BBA 101 taught by Professor Avish during the Spring '11 term at Northern Virginia.

Page1 / 2

insurance broker - Company to the client world-class museum...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online