Distribution system
Term · Insurance and risk management · MLC-T-INS-001199
The method or channels an insurance company uses to sell and deliver its products to policyholders. Common systems include independent agents, captive agents, brokers, direct sales (online or call centers), and bancassurance. The choice of distribution system impacts an insurer's cost structure, market reach, and customer relationships.
| Identifier | MLC-T-INS-001199 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001199",
"term": "Distribution system",
"field": "Insurance and risk management",
"definition": "The method or channels an insurance company uses to sell and deliver its products to policyholders. Common systems include independent agents, captive agents, brokers, direct sales (online or call centers), and bancassurance. The choice of distribution system impacts an insurer's cost structure, market reach, and customer relationships.",
"url": "https://mlchart.com/terminology/insurance/distribution-system/"
}
Record 1,018 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.