Person or organization who acts as an intermediary between sellers and buyers of insurance policies
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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.[1]
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.[2]
^"Insurance Vendors". Insurance Bureau of Canada. Retrieved 15 January 2021.
^"Top Global Insurance Brokers". news.ambest.com. Retrieved 5 May 2020.
An insurancebroker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurancebroker is distinct...
and pushed Marsh & McLennan back above Aon as the world's largest insurancebroker. Throughout the 2000s, the company further transformed and focused...
and insurance Earthquake loss Financial adviser Global assets under management InsurancebrokerInsurance fraud Insurance Hall of Fame Insurance law International...
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