World Library  
Flag as Inappropriate
Email this Article

Agent Of Record

Article Id: WHEBN0028483530
Reproduction Date:

Title: Agent Of Record  
Author: World Heritage Encyclopedia
Language: English
Subject: Insurance, Insurance law, Law of agency
Publisher: World Heritage Encyclopedia

Agent Of Record

An agent of record (AOR) is an individual or a legal entity with a duly properly executed in line with the prevailing legal norms and regulations contractual agreement with an insurance policy owner. The agent of record has a legal right to receiving commissions from the respective insurance policy.

Individual or a legal entity authorized to represent an insured party in the purchase, servicing, as well as maintenance of insurance coverage with a suitably designated insurer. The majority of insurance companies will not disclose any information or discuss an insured party's account with any agent other than the duly nominated agent of record. An insured party wishing to change insurance agent(s) must submit a revised agent of record nomination letter[1] to the respective insurer authorizing said insurer to release the insured party's information and to discuss the insured party's coverage with the newly nominated agent.

Relevant documents may be executed via hard copy documents or, alternatively, electronically in jurisdictions where electronic execution is recognized as legally possible. Applications may be made electronically, as well as in physical form. Agent of record letter can in some cases be used as an insurance sales tool, though some question its legality.[2]

Given the importance of rapidly growing body of electronic records and documentation, the challenge of authentication abounds.


Sometimes the acronym "agent of record" is used interchangeably with the acronym "agent of records". The former has meaning in the context of insurance, specifically where an individual is represented by parties other than him-/herself. The latter is a methodology that provides user with the functionality to record instances of abuse, bullying and harassment.

See also


  1. ^ Agent of record letter
  2. ^ Agent of Record letters can lock in business accounts
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.