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Insurance broker information


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]

  1. ^ "Insurance Vendors". Insurance Bureau of Canada. Retrieved 15 January 2021.
  2. ^ "Top Global Insurance Brokers". news.ambest.com. Retrieved 5 May 2020.

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Insurance broker

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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...

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Marsh McLennan

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and pushed Marsh & McLennan back above Aon as the world's largest insurance broker. Throughout the 2000s, the company further transformed and focused...

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Broker

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Information broker (data broker) Insurance broker Intellectual property broker Joint venture broker List broker Matchmaking Meat broker Message broker Mortgage...

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Insurance

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and insurance Earthquake loss Financial adviser Global assets under management Insurance broker Insurance fraud Insurance Hall of Fame Insurance law International...

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Hastings Insurance

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Hastings Insurance Services Ltd is a UK personal lines insurance broker servicing customers via smartphone mobile app, online, and by phone. The company...

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Willis Group

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services company Towers Watson in 2016. It was the world's third-largest insurance broker when measured by revenues. Willis was previously listed on the New...

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Acrisure

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since expanded nationally. In 2022, Business Insurance recognized Acrisure as the 6th largest insurance broker in the world. In 2005, Acrisure was founded...

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Truist Financial

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billion in assets. As of January 2021, Truist Insurance Holdings is the seventh largest insurance broker in the world, with $2.27 billion in annual revenue...

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Chubb Limited

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fixing scheme with insurance broker Marsh & McLennan. In 2008, ACE purchased the accident and health insurance provider Combined Insurance Company of America...

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Willis Towers Watson

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to purchase 85% of Miller, the leading London independent wholesale insurance broker. Critics of the deal pointed out that the original offer would not...

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Patrick Enthoven

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a South African insurance broker, the founder and former chairman of Hollard Group, South Africa's largest privately owned insurance group. Patrick Robert...

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Swinton Insurance

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purchased Swinton in September 2018 for £165million. Swinton Insurance was the first insurance broker to advertise on UK television in the 1960s. In the 1980s...

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Sedgwick Group

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Sedgwick Group plc was a very large British insurance broker. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It...

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Financial services

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followed by London. Insurance brokerage – Insurance brokers shop for insurance (generally corporate property and casualty insurance) on behalf of customers...

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Insurance Brokers Association of India

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25 July 2001. All licensed insurance brokers must be members of the IBAI Insurance Broker Regulations. Insurance Brokers Association of India (IBAI)...

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Jardine Lloyd Thompson

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established as a division of Jardine Matheson in 1972. In 1991, Jardine Insurance Brokers was first listed on the London Stock Exchange. In 1997, it merged...

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BGC Group

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London based Lloyd's insurance broker, Besso Ltd. In January 2019 Ed Broking Ltd, another London headquartered Lloyd's insurance broker was added to the Group...

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James Biden

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Brian "Jim" Biden (born 1949) is an American former nightclub owner, insurance broker, political consultant, and fundraiser. Biden is a brother of Joe Biden...

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Willis Tower

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Willis Towers Watson". Insurance Journal. March 9, 2020. Retrieved September 12, 2022. Dummett, Ben (March 9, 2020). "Insurance Broker Aon Strikes Year's...

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Matthew Lawrence

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former elementary school teacher, and Joseph Lawrence Mignogna Jr., an insurance broker. His family's stage surname was changed to Lawrence from Mignogna when...

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Freight broker

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granted authority as verifiable via the FMCSA Licensing & Insurance database. A freight broker, in freight transport (cargo), over land in the United States...

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