General Agents

What is General Agents ?

‘General Agents’ are generally those kinds of insurance agents who sell the insurances to other agents or insurance brokers. However, with respect to HR, those employees who have been entrusted with the authority to conduct legal businesses on behalf of the company are called ‘General Agents’.

General agents are utilized as middlemen in dealing with legal obligations as well as in several other important departments when there is a need for bureaucracy. As they are given such an important authority, companies generally entrust it to someone who is trustworthy and has been with the company since a long time

In some cases, companies might delegate this responsibility of being a ‘general agent’ to an agency. This helps the company in handing over the responsibility of certain projects to them while also getting help in legal matters.

More HR Terms

Apparent Authority

What is Apparent Authority?   ‘Apparent Authority’ is the implied authority that is assumed by an employee in some situations where this employee’s authority is

Competitive Advantage

What is Competitive Advantage?   ‘Competitive Advantage’ refers to the advantage a company has against the competition which helps it remain in the business. The

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’