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- Dictionaryinsurance broker
noun
- 1. a person or company registered as an adviser on matters of insurance and as an arranger of insurance cover with an insurer on behalf of a client.
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noun
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Person who acts as an intermediary between sellers and buyers of insurance policies
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 worl... Wikipedia