What is the difference between an Agent and an Employer of Record?

An employer of record performs the role of a legal employer. It handles matters relating to the employees including hiring, training, contract termination, and payroll. An agent of record is an entity (individual or body) that has the license to represent an insured person or body with an insurer. This authority is given by the policyholder by signing a letter known as an agent of record letter to permit the agent to handle issues relating to the insurance policy.