What does insurance broker mean?
Definitions for insurance broker
in·sur·ance bro·ker
This dictionary definitions page includes all the possible meanings, example usage and translations of the word insurance broker.
Princeton's WordNet
insurance broker, insurance agent, general agent, underwriternoun
an agent who sells insurance
Wikipedia
Insurance broker
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.As of 2019, the largest insurance brokers in the world by revenue are Marsh & McLennan, Aon plc, Willis Towers Watson, Arthur J. Gallagher and Hub International.
ChatGPT
insurance broker
An insurance broker is a professional intermediary who acts on behalf of clients to negotiate, arrange, and purchase insurance policies from insurance companies. They offer advice and guidance to clients on risk management and help them choose the best insurance policy according to their specific needs and financial situations. Insurance brokers can deal with various types of insurance including health, life, auto, and home insurance. Unlike insurance agents who represent specific insurance companies, insurance brokers work independently and represent the insurance buyer.
Wikidata
Insurance Broker
An insurance broker sells, solicits, or negotiates insurance for compensation. The three largest insurance brokers in the world, by revenue, are Marsh & McLennan, Aon, and Willis Group Holdings.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of insurance broker in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of insurance broker in Pythagorean Numerology is: 2
Translations for insurance broker
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"insurance broker." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/insurance+broker>.
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