MLchartDataset catalogue

Direct selling system

Term · Insurance and risk management · MLC-T-INS-001167

An insurance distribution model where policies are sold directly to consumers by the insurer's employees or through online platforms, bypassing independent agents or brokers. This system allows insurers to maintain greater control over the sales process and customer experience. It often results in lower acquisition costs compared to agency-based models.

Table 1. Record
IdentifierMLC-T-INS-001167
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001167",
  "term": "Direct selling system",
  "field": "Insurance and risk management",
  "definition": "An insurance distribution model where policies are sold directly to consumers by the insurer's employees or through online platforms, bypassing independent agents or brokers. This system allows insurers to maintain greater control over the sales process and customer experience. It often results in lower acquisition costs compared to agency-based models.",
  "url": "https://mlchart.com/terminology/insurance/direct-selling-system/"
}

Record 989 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.