MLchartDataset catalogue

Insurance exchange

Term · Insurance and risk management · MLC-T-INS-001857

A centralized marketplace where multiple insurance carriers offer plans, allowing individuals and businesses to compare and purchase coverage in a competitive environment. Exchanges can be public entities, such as those established under the U.S. Affordable Care Act, or private organizations. Lloyd's of London is a prominent example, functioning as a corporate body where underwriting members form syndicates to accept risks.

Table 1. Record
IdentifierMLC-T-INS-001857
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001857",
  "term": "Insurance exchange",
  "field": "Insurance and risk management",
  "definition": "A centralized marketplace where multiple insurance carriers offer plans, allowing individuals and businesses to compare and purchase coverage in a competitive environment. Exchanges can be public entities, such as those established under the U.S. Affordable Care Act, or private organizations. Lloyd's of London is a prominent example, functioning as a corporate body where underwriting members form syndicates to accept risks.",
  "url": "https://mlchart.com/terminology/insurance/insurance-exchange/"
}

Record 1,795 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.