MLchartDataset catalogue

Brokerage department

Term · Insurance and risk management · MLC-T-INS-000620

A division within an insurance agency or company that specializes in placing complex or unusual risks with insurers. This department handles accounts that fall outside the standard underwriting guidelines of the primary carrier. It acts as an intermediary to access a broader market of specialized insurance products and carriers.

Table 1. Record
IdentifierMLC-T-INS-000620
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000620",
  "term": "Brokerage department",
  "field": "Insurance and risk management",
  "definition": "A division within an insurance agency or company that specializes in placing complex or unusual risks with insurers. This department handles accounts that fall outside the standard underwriting guidelines of the primary carrier. It acts as an intermediary to access a broader market of specialized insurance products and carriers.",
  "url": "https://mlchart.com/terminology/insurance/brokerage-department/"
}

Record 383 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.