A corporate member of a syndicate that is directly or indirectly owned by the same firm that owns the managing agent of the syndicate.
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UK: Corporate member of a Lloyd’s syndicate under common control with the managing agent of that syndicate.
Insurance Encyclopedia
Alignment of incentives
Phrase used in a managed care contract to describe the financial arrangements between physicians and hospital facilities that let both parties share in the risks and rewards of controlling costs and increasing income.
Alimony Insurance
Insurance designed to protect the insured against default in connection with payment of child support and alimony.