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词汇 tied-agent
释义 tied agent
noun[ C ]
 FINANCE, INSURANCEukus
someone who is paid by a financial organization to sell and give advice only on its investment products, not on those of its competitors
Compare
independent financial adviser

Examples of tied agent


tied agent
A tiedagent, working exclusively with one insurer, represents the insurance company from whom the policyholder buys (while a free agent sales policies of various insurance companies).
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
It means that the purchaser will know how much he is paying for independent advice, but not how much the tiedagent is receiving.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
But the tiedagent working for an insurance company owes his first duty to the insurer and not to the purchaser of the policy.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
In other words, the society can act either as an independent broker or as a tiedagent for a company.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
For example, let us take as an example an insurance company to which the building society is a tiedagent.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Many society customers will be looking to the society for advice on their insurance needs, whether the society is an independent intermediary or a tiedagent.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
They usually operate as tied agents and sell exclusively the products manufactured by the banks in-house insurance company or its third-party provider(s).
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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