Retail agent or broker
Term · Insurance and risk management · MLC-T-INS-002924
An insurance agent or broker who directly interacts with and sells insurance policies to individual consumers or businesses. This professional acts as an intermediary between the insured and the insurance company, providing advice, quoting policies, and assisting with claims. They typically represent multiple insurance carriers and earn commissions on policies sold.
| Identifier | MLC-T-INS-002924 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002924",
"term": "Retail agent or broker",
"field": "Insurance and risk management",
"definition": "An insurance agent or broker who directly interacts with and sells insurance policies to individual consumers or businesses. This professional acts as an intermediary between the insured and the insurance company, providing advice, quoting policies, and assisting with claims. They typically represent multiple insurance carriers and earn commissions on policies sold.",
"url": "https://mlchart.com/terminology/insurance/retail-agent-or-broker/"
}
Record 2,963 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.