A representative of the insured in placing insurance with companies. A broker is paid a commission by the company or its agent. Often, a broker is also a licensed “agent” for one or more companies.
« Back to Glossary IndexA representative of the insured in placing insurance with companies. A broker is paid a commission by the company or its agent. Often, a broker is also a licensed “agent” for one or more companies.
« Back to Glossary Index