Intermediary Client definition

Intermediary Client means any person or entity (such as a broker dealer, distributor, financial adviser, administrator or other marketing or service organization) through which the Company offers, markets, distributes or provides its services, products or advice.

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Intermediary Client means any person or entity (such as a broker dealer, distributor, financial adviser, administrator or other marketing or service organization) through which the Company or any of its Subsidiaries or Affiliates offers, markets, distributes or provides its services, products or advice.

Intermediary Client means a Non-Public Fund Advisory Contract Client to which any Adviser Subsidiary provides investment advisory services pursuant to a Tri-Party Advisory Contract. For the avoidance of doubt, the term “Intermediary Client” does not mean an investor in a Non-Public Fund in its capacity as an investor.

Examples of Intermediary Client in a sentence

• A failure to comply may, amongst other things, affect WTW’s ability to deal with the Intermediary Client in relation to the assured’s insurance arrangements.

• The Intermediary Client is responsible for forwarding to the assured any contract documents or summaries, if applicable, and any amendments or endorsements to the contract as soon as practicable.

• WTW will rely upon the Intermediary Client to understand and comply with those obligations.

• The Intermediary Client will be responsible, on behalf of the assured, for reviewing information on the insurance coverage recommended by WTW and advising the assured on the appropriateness of proposed cover.

• It is incumbent on the Intermediary Client to ensure that it has obtained the written approval of the assured before agreeing to the placement of a contract of insurance with any (re)insurer.

• The Intermediary Client is also responsible for complying with any obligations it has to competent regulators, professional bodies and the assured, including but not limited to providing any necessary disclosure to the assured.

• The Intermediary Client is responsible for ensuring that it has any regulatory or other authorisation necessary in order to undertake its role for the assured.

• Neither the Intermediary Client nor WTW shall be involved in the offering, promising or giving of any financial or other advantage to any person in breach of any law.

• The Intermediary Client shall ensure that the assured’s insurance requirements and all other relevant information have been disclosed to WTW in full.

• WTW and the Intermediary Client shall, insofar as required to do so comply with all applicable laws, rules, regulations and accounting standards and maintain on an ongoing basis its own anti-corruption/bribery policies and procedures, including but not limited to adequate procedures under the U.K. Bribery Act 2010, to prevent corruption/bribery offences and will enforce them where applicable.

More Definitions of Intermediary Client

Intermediary Client means a Non-Public Fund Advisory Contract Client to which any Adviser Subsidiary provides investment advisory services pursuant to a Tri- Party Advisory Contract. For the avoidance of doubt, the term “Intermediary Client” does not mean an investor in a Non-Public Fund in its capacity as an investor.