Agency Contract Services

Buy-Sells, Non-Competes, Producer Contracts...

 

Insurance is all about contracts. And yet, agencies often take a cavalier approach to their own contracts. Many agents simply use borrowed or boilerplate contracts as their own.

Using a borrowed or boilerplate contract, whether it be for a buy-sell agreement, producer contract, non-compete, or any of the other many contracts agencies use, is neither safe nor effective.

Even when an agency involves an attorney in drawing the contract, if the attorney is not experienced with insurance agencies, the contract will likely be incorrect and/or inadequate, which often causes more harm than good.

Insurance agencies are simply too unique. Agencies' contracts require specific terms and clauses to protect the parties involved--and this is precisely where Burand & Associates can help. We bring years of insurance agency specific experience and knowledge to the drawing board.

Whether reviewing existing contracts or developing new contracts, we can identify the terms required to meet the needs of the agency and all the parties involved.

We are not lawyers, so we always recommend a lawyer review the final contract. However, we help ensure the contract fits the unique and specific needs of the agency.

Please NOTE: The material contained herein is for informational purposes only and is not intended as legal advice. Seek legal counsel regarding any applicable laws. Also, neither Chris Burand nor Burand & Associates, LLC practices law or accounting, therefore the agency should seek proper legal and/or tax advisement before taking action upon any statements herein.

215 S. Victoria St., Suite E

Pueblo, CO 81003

p: 719.485.3868

Burand & Associates, LLC is an advocate of agencies which constructively manage and improve their contingency contracts by learning how to negotiate and use their contingency contracts more effectively. We maintain that agents can achieve considerably better results without ever taking actions that are detrimental or disadvantageous to the insureds. We have never and would not ever recommend an agent or agency implement a policy or otherwise advocate increasing its contingency income ahead of the insureds' interests.

A complete understanding of the subjects covered on this Web site may require broader and additional knowledge beyond the information presented. None of the materials on this site should be construed as offering legal advice, and the specific advice of legal counsel is recommended before acting on any matter discussed on this site. Regulated individuals/entities should also ensure that they comply with all applicable laws, rules, and regulations.

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