Meaning INSURANCE BROKER/INTERMEDIARY
What does INSURANCE BROKER/INTERMEDIARY mean? Below you find one meaning for the word INSURANCE BROKER/INTERMEDIARY You can also add a definition of INSURANCE BROKER/INTERMEDIARY yourself

1
0 Thumbs up   0 Thumbs down

INSURANCE BROKER/INTERMEDIARY


An insurance intermediary who advises his clients and arranges their insurances. Although he acts as the agent of his client, he is normally remunerated by a commission (brokerage) from the insurer. A [..]
Source: biba.org.uk




<< INDEMNITY PERIOD FINANCIAL OMBUDSMAN SERVICE >>