One function performed by surplus lines intermediaries that is not performed by retail agents is

Select one:

A. Filing diligent search affidavits.

B. Maintaining documentation.

C. Selling.

D. Prospecting.

Question 13

ID# 5876287 Points: 1

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Generally an owner-operated, small to medium-sized organization, which one of the following types of intermediary develops strong relationships with local retail producers and operate within their state of domicile?

Select one:

A. Underwriting managers

B. Independent wholesale brokers

C. Managing general agents

D. National wholesalers

Question 14

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When presenting the quotes, the intermediary should be sure to

Select one:

A. Describe the underwriting cycle and the current market conditions to the customer.

B. Emphasize that reinsurance is likely to apply to any losses.

C. Explain that surplus lines taxes are payable on the premium.

D. File any affidavits that might be required.