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An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.
The APRIL group, a wholesale insurance broker, offers products and services to a network of independent distributors (brokers and insurance agents). APRIL started out in early 1988 with a network of 500 brokers, which soon rose to over 800 by the end of the year.
Arthur J. Gallagher & Co. (AJG) is an American global insurance brokerage and risk management services firm headquartered in Rolling Meadows, Illinois (a suburb of Chicago). The firm was established in 1927 and is one of the largest insurance brokers in the world.
An insurance broker will need the same information as any insurance professional, including info about the insurance products you need and your personal details.
Insurance Brokers vs. Insurance Agents. broker in insurance. There are two types of insurance agents, and both work slightly differently than insurance brokers. Captive agents are professionals ...
The Company was founded by Harry Thomas (later Harry Beaufoy) Leonard Sedgwick (1855–1931) [3] [4] late in the 19th century as an insurance broker under the name Sedgwick, Collins & Co. [5] In 1972 it merged with Price Forbes to form Sedgwick Forbes.
Risk Strategies (officially incorporated as RSC Insurance Brokerage, Inc.) is a private insurance brokerage and risk management advisor. The firm was founded 1997 (27 years ago) in Boston, Massachusetts, by its current chairman, Mike Christian, as a specialty risk management consultancy.
Many insurance brokers push whole life policies because they provide them with the juiciest of commissions. And of course, every family's situation is different. For example, there are a few ...