Transfer of a loss exposure t an entity which is not an Insurer. Forms of non-Insurance transfer are indemnity or hold-harmless agreements; being a named insured under another party’s Insurance coverage; acquisition/divestiture.
The Rantings of the barely human.
Transfer of a loss exposure t an entity which is not an Insurer. Forms of non-Insurance transfer are indemnity or hold-harmless agreements; being a named insured under another party’s Insurance coverage; acquisition/divestiture.