Tales from the brokerage A/T Risks – Season 1 – Episode 2 – “And Boom Goes the Broker”
Description
In Episode 2, “And Boom Goes the Broker!”, Judith Gaboury, a damage insurance broker at A/T Risks, advises her client to conceal, during the renewal process, the illegal activities of one of his tenants and the unfortunate consequences that followed. Discover the explosive situation this led her to.
Specific objectives
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Understand the importance of updating the client’s file and the duty to inquire about the client’s situation to properly assess their insurance needs.
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Learn about the ethical obligation not to advise or encourage a client to commit an act known to be illegal or fraudulent.
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Understand the extent of the obligation to act as a conscientious advisor, which includes informing clients of their rights, obligations, and the consequences of their decisions.
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Recognize what qualifies, from an ethical standpoint, a false, misleading, or deceptive statement, as well as an abuse of trust toward the insurer.