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UAgency Intermediary (Broker) Application

UAgency Intermediary (Broker) Application 2025

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The document is an application form for agencies or intermediaries seeking to represent Aetna Global Benefits Indonesia as brokers. It requires detailed information about the agency, including business registration, contact details, regulatory compliance, professional liability insurance, and financial data related to private medical insurance portfolios. The form also includes a declaration section where applicants affirm the accuracy of their provided information.

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What must a broker do to be able to act in an intermediary capacity in Quizlet?

The answer is remain neutral. When serving in an intermediary capacity, the broker may not give advice or opinion to either the buyer or the seller or to either of the agents that are appointed to the buyer and the seller. The broker must be impartial to the parties.

What is a broker intermediary?

Answer: An intermediary is a broker who negotiates the transaction between the parties when the broker or a sales agent sponsored by the broker has obtained consent from the parties to represent both the buyer and the seller.

What is required for a broker to legally become an intermediary?

Intermediaries are generally required to register with the Commission and, depending on the nature of their activities, may be subject to various financial, disclosure, reporting, and recordkeeping requirements.

What must a broker do to be able to act in an intermediary capacity?

A broker may act as an intermediary between parties in a real estate transaction with the written consent of each party. A broker may use the Information About Brokerage Services form approved by TREC to obtain the consent for intermediary.

What is required in order for a broker to act as an intermediary?

A Reinsurance Intermediary-broker means any person, other than an officer or employee of the ceding insurer, firm, association, or corporation that solicits, negotiates, or places reinsurance cessions or retrocessions on behalf of a ceding insurer without the authority or power to bind reinsurance on behalf of that