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LOS ANGELES COMMUNITY COLLEGE DISTRICT CONTRACTS OFFICE 6TH FLOOR 770 WILSHIRE BLVD. LOS ANGELES, CA 90017REQUEST FOR PROPOSALS (RFP) NO. 1508 BROKER OF RECORD EMPLOYEE HEALTH AND WELFARE BENEFITSPROPOSED
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To fill out a broker of record, follow these steps:
02
Begin by providing your contact information, including your full name, address, phone number, and email address.
03
Specify the insurance policies or accounts for which you want to appoint the broker of record.
04
Include the effective date for the broker of record appointment.
05
Provide details about the current broker of record, including their name, agency, and contact information.
06
Sign and date the broker of record form.
07
Submit the completed broker of record form to the respective insurance company or institution.
08
Keep a copy of the filled-out form for your records.

Who needs broker of record?

01
Broker of record is needed by individuals or businesses who want to change their insurance broker or agent.
02
It is also necessary when appointing a new broker to handle insurance policies or accounts.
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Companies looking to negotiate better rates, improve service, or switch insurance providers may require a broker of record as well.
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In summary, anyone seeking to change or designate a broker for insurance purposes will need a broker of record.
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Broker of record is a licensed insurance broker who is responsible for placing and servicing an insurance policy on behalf of an insured.
Insurance companies and insured parties are required to file broker of record when assigning a new broker to handle an insurance policy.
Broker of record can be filled out by completing the required form provided by the insurance company and submitting it with all relevant information.
The purpose of broker of record is to officially designate a licensed insurance broker to handle an insurance policy on behalf of an insured party.
The broker's name, license number, contact information, and the effective date of the assignment must be reported on the broker of record.
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