Common use of Compliance with Procedure Clause in Contracts

Compliance with Procedure. Broker agrees to be bound to and follow those CHENANGO procedures and practices including but not limited to (a) requiring full disclosure to insureds for any placement for an insurer that has an A- AM Best rating or below; (b) notification to CHENANGO, in writing, of any matter, happening or event that could give rise to an E&O claim that will trigger an Incident Report as required by CHENANGO’s practices and procedures.

Appears in 5 contracts

Samples: Brokerage Agreement, Brokerage Agreement, Brokerage Agreement

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