Caib 4 midterm exam 2023 - Study guides, Class notes & Summaries

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CAIB-4 Midterm Exam With 100% Correct Answers 2023-2024
  • CAIB-4 Midterm Exam With 100% Correct Answers 2023-2024

  • Exam (elaborations) • 3 pages • 2023
  • CAIB-4 Midterm Exam With 100% Correct Answers
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CAIB-4 Midterm Exam 2023
  • CAIB-4 Midterm Exam 2023

  • Exam (elaborations) • 2 pages • 2023
  • one of the tools that you would use in the scan of your external environment is profiling. Discuss the three focus areas profiled - Answer- Salient Points: 1- Competitor Profiling 2 Market Profiling 3- Client Profiling. Explain Ratification, Using example- - Answer- - Retroactive approval; of broker's unauthorized act. - Insurer has accepted the broker's act form the beginning Example: Broker binds coverage on large hog Barn. This exceeds his binding authority but insurer approves cover...
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