What is insurance producer in SAP FS-QUO - SAP Quotation Management?

SAP Term: insurance producer

• Component: FS-QUO

• Component Name: SAP Quotation Management

• Description: A person or company who or which is licensed to solicit, negotiate or sell insurance.

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• Key Concepts: 
  Insurance producers are individuals or organizations that are licensed to sell insurance policies. They are responsible for finding and selling insurance policies to customers, as well as providing advice and assistance in selecting the best policy for the customer's needs. In SAP Quotation Management (FS-QUO), insurance producers are used to create and manage quotations for customers. 
  
  How to use it: 
  In FS-QUO, insurance producers can be used to create and manage quotations for customers. The insurance producer will enter the customer's information into the system, including their name, address, contact information, and any other relevant information. The insurance producer will then create a quotation based on the customer's needs and preferences. Once the quotation is created, the insurance producer can then submit it to the customer for review and approval. 
  
  Tips & Tricks: 
  When creating a quotation in FS-QUO, it is important to ensure that all of the customer's information is accurate and up-to-date. This will help ensure that the customer receives the best possible policy for their needs. Additionally, it is important to keep track of any changes or updates that are made to the quotation so that they can be easily accessed in the future. 
  
  Related Information: 
  For more information about SAP Quotation Management (FS-QUO), please visit https://help.sap.com/viewer/product/FS_QUO/latest/en-US. Additionally, you can find more information about insurance producers at https://www.investopedia.com/terms/i/insuranceproducer.asp.