Wholesale broker
Term · Insurance and risk management · MLC-T-INS-003537
An insurance broker who works with retail insurance agents to place coverage for clients, particularly for risks that are difficult to insure in the standard market. They have specialized knowledge and access to surplus lines carriers and other non-admitted insurers. The wholesale broker does not have direct contact with the insured party.
| Identifier | MLC-T-INS-003537 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003537",
"term": "Wholesale broker",
"field": "Insurance and risk management",
"definition": "An insurance broker who works with retail insurance agents to place coverage for clients, particularly for risks that are difficult to insure in the standard market. They have specialized knowledge and access to surplus lines carriers and other non-admitted insurers. The wholesale broker does not have direct contact with the insured party.",
"url": "https://mlchart.com/terminology/insurance/wholesale-broker/"
}
Record 3,626 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.