Direct Writer
Definition of "Direct writer"
- property insurer that distributes its products through a direct selling system. Traditionally, insurers often were known as direct writers if they used either a direct selling system or an exclusive agency system for distribution. Increasingly, the term applies only to those using a direct selling system.
- reinsurer that deals directly with a CEDING COMPANY, without using a reinsurance broker.
Popular Insurance Terms
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Documents completed by the agent to effect authorization to act on behalf of the company. ...
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