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City of Pontiac Finance Department, Purchasing Division 47450 Woodward Avenue, Pontiac, MI 48342REQUEST FOR QUALIFICATIONS (RFQU) FORINSURANCE BROKER SERVICES SOLICITATION NO. 24270001ADEADLINE FOR
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Insurance broker services involve agents or brokers who facilitate the purchase of insurance policies by connecting clients with insurance companies, providing advice, and negotiating terms on behalf of clients.
Insurance brokers and agencies that provide broker services are typically required to file insurance broker services.
To fill out insurance broker services, one typically needs to provide information about the insured party, the type of coverage being brokered, details of the insurance policies, and any commissions or fees associated.
The purpose of insurance broker services is to assist clients in finding suitable insurance policies, understanding their options, and ensuring they have the coverage they need at competitive prices.
Information that must be reported includes the names and contact details of the broker, details of the insurance policies arranged, commissions earned, and the clients served.
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