Home >> Fire-insurance >> The Inner Office Work_p1 to The Inner Office Work_p6

Fire Insurance

The Inner Office Work_p1
The Inner Office Work Of An Insurance Company. The Work Of An Insurance Office Is Divided Into Two Partsó Executive And Clerical. The Executive Officers Consist Of The President, The Secretary And The Treasurer. In Addition To This The Board Of Directors And Its Various Committees, Especially The Finance Committee, ...

The Inner Office Work_p2
The Treasurer Is A Fiduciary Agent Of The Company. If The Office Of The Secretary And The Treasurer Are Not Combined Then He Performs Many Of The Duties Which We Have Mentioned As Belonging To The Secretary. All Money Received By The Secre Tary Is Turned Over To The Treasurer ...

The Inner Office Work_p3
Departments Of An Insurance ()ace Every Insurance Office Is Divided Into Several Departments. There Is A Department Which Takes Care Of The Losses Which Is Known As The Loss Department. Another Decides Upon The Risks Of The Company And Is Known As The Underwriting Department. Another Department, Called The Accounting ...

The Inner Office Work_p4
The Map Clerk Always Keeps An Index Upon The Bunching Of Too Much Liability In One Block Or A Series Of Blocks Of Build Ings. If It Were Not For The Fire Maps In Determining These Facts, It Would Be Impossible To Keep Track Of The Manner In Which This ...

The Inner Office Work_p5
The Daily Report Is Now Scrutinized By The Territorial Officer, And If It Is Found In Proper Order, It Is Passed On To Other Clerks Called Entry Clerks. These Clerks Make The Original Entries Upon The Policy Register Or Abstract Register Showing The Begin Ning Of The Risk, The Date ...

The Inner Office Work_p6
The Care Of Property Partly Ruined By Fire Is One Of The First Thoughts Of A Company. Sometimes The Salvage From Losses Amounts To A Considerable Sum. The Company Usually Ac Knowledges From The Agent The Notice Of Loss And Requests Him To Save And Take Care Of The Property ...