Delegated Claims Administrator definition
Delegated Claims Administrator means the entity appointed by the Insurer or the MGA to handle and/or pay claims.
Delegated Claims Administrator means the entity appointed by the Insurer or the MGA to handle and/or pay claims. FCA means the Financial Conduct Authority, or any successor regulatory bodies.
Examples of Delegated Claims Administrator in a sentence
The Broker will notify the MGA, the Insurer or any appointed Delegated Claims Administrator (as the case may be) promptly of all claims under any Insurance Business as agent of its Policyholder and in accordance with insurance policy terms and conditions.