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On the choice of insurance distribution systems

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Section: Articles
Title: On the choice of insurance distribution systems / Won-Joong Kim, David Mayers, Clifford W. SmithAuthor: Kim, Won-Joong
Notes: Sumario: This article examines insurers' choice between independent and exclusive agents. We assume that alternative distribution systems are efficient mechanisms for controlling contracting problems among policy-holders, insurers, and agents. Because the use of independent agents helps control potential expropriate behavior by the insurer, the indepent agency system should be more valuable for ownership structures where such problems are more severeRelated records: En: Risk and insurance. - Philadelphia. - Vol 63, nº 2, June 1996 ; p. 207-227Materia / lugar / evento: Seguros Empresas de seguros Distribución de seguros Mediación de seguros Agentes de seguros Otros autores: Mayers, David
Smith, Clifford W.
Secondary titles: Título: Risk and insurance
Other categories: 213