Question: Billy Broker s client asked him to get a competitive quote from at least one other insurer on its insurance program. Billy feels that this
Billy Brokers client asked him to get a competitive quote from at least one other insurer on its insurance program. Billy feels that this client requests competitive quotes too frequently, and he doesnt want to go to the trouble. Instead, he asks his friend Andy Underwriter at another insurer to just give him a more expensive quote so he can easily present two alternatives and leave the account where it is Which of the following would be most appropriate as andys response? Ill be happy to do it for this account, but in return i want you to move the Handy Tool and Die account to me on their next renewal.Okay but i can only do this because our company doesnt write that class of business.That account does bid too frequently, and this is a good way to help keep them from getting a reputation as insurance shoppers.What you are asking is unethical and illegal, and i wont do it
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