Exclusive Agency System,
What is Exclusive Agency System?
You can define Exclusive Agency System as, An insurance distribution system in which agents represent only one company or group of companies under the same management.
Literal Meanings of Exclusive Agency System
Meanings of Exclusive:
Excluding or prohibiting other things.
Restricted to the person, group, or area under discussion.
Catering or just a few, available to some expensive and sophisticated customers.
Articles or stories are published or distributed by one source.
Sentences of Exclusive
Focus on success and making money.
The couple has their own apartment.
One of the most special clubs in England.
Prices do not include VAT.
Synonyms of Exclusive
posh, discriminative, dedicated, swank, cliquey, upper-crust, ritzy, closed, choice, snobbish, tony, clannish, upscale, coup, top-people's, high-toned, classy, elegant, top-drawer, upmarket, restricted, expensive, swish, restrictive
Meanings of Agency:
A company or organization that provides certain services on behalf of another company, person or group.
Sentences of Agency
Canals dug by river authorities.
Synonyms of Agency
instrument, involvement, mechanism, arbitration, good offices, instrumentality, branch, aegis, interposing, vehicle, representative, mediation, auspices, expedient, intercession, route, medium, intervention, channel
Meanings of System:
A set of things that work together as part of a complex interconnection or network mechanism.
A set of principles or methods by which something is done in an organized scheme or way.
The prevailing political or social system, especially if viewed as oppressive and stubborn.
A series of sticks in a key-linked score.
Sentences of System
Public school system
Do not attempt to bypass the system.
Synonyms of System
administration, manner, plan, tactic, set-up, set of guidelines, institution, routine, the regime, scheme, set of procedures, methodology, the status quo, the ruling class, set of principles, the powers that be, programme, the regimen, formula, regimen, policy, order