Broker of Record


Also found in: Acronyms.

Broker of Record

An insurance agent who manages a policy for a client. The agent of record gives all quotes to and receives questions from the client. He/she receives a commission or other compensation for these services.
References in periodicals archive ?
Their pitch to their prospects is, "We'll give you our solution for free, and all you have to do is make us the broker of record."
3 September 2015 - US-based Segal Select Insurance Services, Inc., a fiduciary insurance and fidelity bond broker in the Taft-Hartley market, has acquired broker of record rights to certain fiduciary liability policies and fidelity bonds previously brokered by David Walker Insurance Services in San Francisco, the company said.
Realty Point CEO James Hussaini, says that franchisees will establish their brokerages in their own name, giving them all the prestige and benefits of being an independent Broker of Record.
John Krueger, the firm's Broker of Record in Manhattan, assisted in closing the transaction.
Shareholders with share quantities that are not an exact multiple of the reverse split ratios will result in the creation of fractional shares, which post-split, will be redeemed for cash and sent to the broker of record. The redemption may cause some shareholders to realise a gain or loss that could be a taxable event, otherwise, the reverse split will not result in a taxable transaction for shareholders.
On the local level, Bill is the Broker of Record and Manager of the Southern Delaware Sperry Van Ness office in Lewes, DE, which is part of the larger Sperry Van Ness-Miller Commercial Real Estate company out of Salisbury, MD.
Parker, senior vice president and division manager, is Marcus & Millichap's broker of record in New York.
Kirk Felici, first vice president and regional manager, is Marcus & Millichaps broker of record in Florida.
Timothy Speck is the company's broker of record in Texas and the company mentioned that Kivowitz manages a conglomerate of over 120 limited partnerships and corporations.
At the same time, we deliver increase buyer convenience and create tremendous interest for our listings!" said Broker of Record, Kathleen Low.
Michael Glass, first vice president and division manager, is Marcus & Millichaps broker of record in Ohio.
"The Preserve is in an ideal location for empty nesters," said Michelle Melillo, broker of record for Pinnacle Companies Reality Group, exclusive broker for The Preserve.