We practice complete disclosure regarding our sources of income to our clients.Arkansas Professional Network may receive compensation in a number of ways: (1) as commissions paid by an insurer, calculated as a percentage of premiums, or; (2) as negotiated fees paid by the client. These commissions or fees received are for the placement/renewal of a client's insurance/risk service program, day-to-day servicing and/or other services Arkansas Professional Network has agreed to provide on a client's behalf.
Arkansas Professional Network may also receive payments known as "contingent compensation", based upon factors that are not specific to a certain client. Several insurance companies have supplementary compensation arrangements that are "contingent" in nature as the payment is based upon a number of variables: premium growth; profitability; client persistency, etc. Furthermore, many factors including the type of client and type of insurance are often excluded from potential payment.
Since "contingent" payments are determined when an insurer's underwriting year has closed, Arkansas Professional Network is not made aware if a contingency payment will be made nor the amount of the payment until the close of that underwriting year. In general, the total amount of contingent income payable to us is not known until the end of the calendar year and is based on the total results of all accounts placed with a particular insurer.
Should you have additional questions regarding this practice as it relates to your account, please contact Arkansas Professional Network representative.
Representations and Warranties
ARKANSAS PROFESSIONAL NETWORK MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE CONTENT OF THIS SITE FOR ANY PURPOSE WHATSOEVER. ALL CONTENT IS PROVIDED "AS IS" WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. ARKANSAS PROFESSIONAL NETWORK HEREBY DISCLAIMS ALL WARRANTIES AND CONDITIONS WITH REGARD TO THE CONTENT, INCLUDING, WITHOUT LIMITATION, ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. IN NO EVENT SHALL ARKANSAS PROFESSIONAL NETWORKBE LIABLE FOR ANY SPECIAL, INDIRECT, EXEMPLARY OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES WHATSOEVER, INCLUDING BUT NOT LIMITED TO LOSS OF USE, DATA OR PROFITS, WITHOUT REGARD TO THE FORM OF ANY ACTION, INCLUDING BUT NOT LIMITED TO CONTRACT, NEGLIGENCE OR OTHER TORTIOUS ACTIONS, ARISING OUT OF OR IN CONNECTION WITH THE USE, COPYING OR DISPLAY OF THE CONTENT. ALTHOUGH ARKANSAS PROFESSIONAL NETWORK BELIEVES THE CONTENT TO BE ACCURATE, COMPLETE AND CURRENT, ARKANSAS PROFESSIONAL NETWORKMAKES NO WARRANTY AS TO THE ACCURACY, COMPLETENESS OR CURRENCY OF THE CONTENT. IT IS YOUR RESPONSIBILITY TO VERIFY ANY INFORMATION BEFORE RELYING ON IT. THE CONTENT OF THIS SITE MAY INCLUDE TECHNICAL INACCURACIES OR TYPOGRAPHICAL ERRORS. FROM TIME TO TIME CHANGES ARE MADE TO THE CONTENT HEREIN. ARKANSAS PROFESSIONAL NETWORK MAY MAKE CHANGES IN THE PRODUCTS AND/OR THE SERVICES DESCRIBED HEREIN AT ANY TIME, ARKANSAS PROFESSIONAL NETWORK DOES NOT WARRANT OR REPRESENT THAT THIS SITE IS COMPATIBLE WITH YOUR EQUIPMENT OR IS FREE OF ERRORS, VIRUSES OR WORMS AND IS NOT LIABLE FOR ANY DAMAGE YOU MAY SUFFER AS A RESULT OF SUCH DESTRUCTIVE FEATURES.
Links to Other Sites
The content of other Web sites, services or advertisements that may be linked herein are not maintained by or under the control of Arkansas Professional Network. Arkansas Professional Network is therefore not responsible for the availability, content or accuracy of other Web sites, services or goods that may be linked to, or advertised on this site. Accordingly, Arkansas Professional Network makes no representations or warranties whatsoever, express or implied, concerning the content of those sites. The fact that Arkansas Professional Network has provided a link to a site is not an endorsement, authorization, sponsorship or affiliation by Arkansas Professional Network with respect to such site, its owners or its providers. Arkansas Professional Network is providing these links only as a convenience to you. Arkansas Professional Network has not tested any information, software or products found on these sites and therefore cannot make any representations whatsoever with respect thereto.