Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company dated December 8, 1999. 9 pages
Salt Lake City, Utah, serves as the backdrop for the Distribution Agreement between First American Insurance Portfolios, Inc. (FAIR) and SET Financial Services Company (SET). This agreement outlines the terms and conditions for the distribution of insurance products and services within the region, with a focus on the Salt Lake City market. The Salt Lake Utah Distribution Agreement establishes a strategic partnership between FAIR, a leading insurance provider, and SET, a prominent financial services company. This collaboration aims to enhance the accessibility and distribution of FAIR's insurance offerings to individuals and businesses in the Salt Lake City area. Under this agreement, FAIR grants SET the right to distribute its insurance products and services, including life insurance, health insurance, property and casualty insurance, and other related offerings. SET, with its extensive network, will leverage its expertise and client base to effectively promote and sell FAIR's insurance solutions. The Distribution Agreement outlines the responsibilities of both parties. FAIR commits to providing SET with comprehensive training and marketing support, enabling SET's representatives to effectively educate potential customers about FAIR's insurance products and their benefits. FAIR also ensures a smooth and timely supply of insurance policies, tailored to the specific needs of the Salt Lake City market. On the other hand, SET agrees to exert its best efforts to promote and market FAIR's insurance products to its existing clientele, as well as actively pursue new prospects within the Salt Lake City region. SET's experienced sales force will conduct targeted campaigns, organize events, and provide personalized consultations to attract and convert potential clients. This Distribution Agreement acknowledges the uniqueness of the Salt Lake City market and allows for a flexible approach. If there are different types of Salt Lake Utah Distribution Agreements between FAIR and SET, they may include variations in the target demographic, the specific insurance products covered, or the duration of the agreement. For instance, a specialized agreement could focus on catering to the niche market of small business owners in Salt Lake City, providing them with tailored insurance solutions for their enterprises. Another agreement might target a specific demographic, such as retirees or young families, offering insurance products that align with their specific needs and goals. Regardless of the type of Distribution Agreement under consideration, FAIR and SET are dedicated to collaborating closely and synergistically, striving to achieve the shared objective of expanding FAIR's market presence in Salt Lake City, Utah. By combining FAIR's comprehensive insurance offerings and SET's extensive distribution capabilities, this partnership aims to provide the Salt Lake City community with access to reliable and effective insurance solutions, tailored to their individual requirements.
Salt Lake City, Utah, serves as the backdrop for the Distribution Agreement between First American Insurance Portfolios, Inc. (FAIR) and SET Financial Services Company (SET). This agreement outlines the terms and conditions for the distribution of insurance products and services within the region, with a focus on the Salt Lake City market. The Salt Lake Utah Distribution Agreement establishes a strategic partnership between FAIR, a leading insurance provider, and SET, a prominent financial services company. This collaboration aims to enhance the accessibility and distribution of FAIR's insurance offerings to individuals and businesses in the Salt Lake City area. Under this agreement, FAIR grants SET the right to distribute its insurance products and services, including life insurance, health insurance, property and casualty insurance, and other related offerings. SET, with its extensive network, will leverage its expertise and client base to effectively promote and sell FAIR's insurance solutions. The Distribution Agreement outlines the responsibilities of both parties. FAIR commits to providing SET with comprehensive training and marketing support, enabling SET's representatives to effectively educate potential customers about FAIR's insurance products and their benefits. FAIR also ensures a smooth and timely supply of insurance policies, tailored to the specific needs of the Salt Lake City market. On the other hand, SET agrees to exert its best efforts to promote and market FAIR's insurance products to its existing clientele, as well as actively pursue new prospects within the Salt Lake City region. SET's experienced sales force will conduct targeted campaigns, organize events, and provide personalized consultations to attract and convert potential clients. This Distribution Agreement acknowledges the uniqueness of the Salt Lake City market and allows for a flexible approach. If there are different types of Salt Lake Utah Distribution Agreements between FAIR and SET, they may include variations in the target demographic, the specific insurance products covered, or the duration of the agreement. For instance, a specialized agreement could focus on catering to the niche market of small business owners in Salt Lake City, providing them with tailored insurance solutions for their enterprises. Another agreement might target a specific demographic, such as retirees or young families, offering insurance products that align with their specific needs and goals. Regardless of the type of Distribution Agreement under consideration, FAIR and SET are dedicated to collaborating closely and synergistically, striving to achieve the shared objective of expanding FAIR's market presence in Salt Lake City, Utah. By combining FAIR's comprehensive insurance offerings and SET's extensive distribution capabilities, this partnership aims to provide the Salt Lake City community with access to reliable and effective insurance solutions, tailored to their individual requirements.