Insurance broker: The term Insurance Broker became a regulated term

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Discussion Topic: Insurance broker

Namrata

08-25-2011 @ 2:30 AM

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Brokers use their in depth knowledge of risks. Insurance market to find and arrange suitable insurance policy. An insurance broker acts as intermediary between clients and insurance company.

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rose999

06-23-2009 @ 1:42 AM

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The term Insurance Broker became a regulated term under the Insurance Brokers (Registration) Act 1977[1] which was designed to thwart the bogus practices ofirmsholding themselves as brokers but in fact acting as presentative of one or more favoured insurance companies.

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