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Building Trust in Insurance Trust Accounting

What is Trust Account Management (TA) Service?

19 Jan 2016

What is Trust Account Management (TA) Service?

Trust Account management is a critical function of the P&C agency overall management

TA Service is insurance premium management service offered to independent P&C agents and brokers and general managing agents. TA Service manages insurance premium funds received and maintained in trust bank accounts until they are disbursed to insurance carriers and other legal owners, such as: agency operating account, premium finance companies or insureds.

 

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