I’d like to know how a franchise insurance agency works in terms of:
- revenues (are the premiums collected given back to the insurance company, which invests them and gives back a commission to the franchise agency, or retained by the agency that gives a % of them to the insurance company?)
- investment (if the franchisee retains the premiums, does he also invest them and handle fund management? or does he simply retain them as liquid cash resources?)
- underwriting (who does it, the agency or the insurance company? in case a claim is legitimately filed, is it the agency or the insurance company to use its own resources to pay the reimbursement to the insured?)
- any other differences with respect to a normal insurance agency
I need this information for a research project
Thank you very much for your time
February 10 2010
What Are The Government Regulation Requirements To Open A Franchise Restaurant In California?
Tagged Under : California, Franchise, Government, Open, Regulation, Requirements, Restaurant, What
Im talking
1. FDA regulations such as safety, hygiene and everything else needed to open a restaurant.
Im talking about the government stuff.
Where can I find some info on these such as forms that needs to be filled out.
and since this is a franchise, will they hanfle all of these?
