- insurance broker
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A company that arranges and negotiates insurance on behalf of clients.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
insurance broker
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Insurance broker — Broker Bro ker (br[=o] k[ e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; … The Collaborative International Dictionary of English
Insurance broker — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… … The Collaborative International Dictionary of English
Insurance broker — An insurance broker (agent) sources (brokes) contracts of insurance on behalf of their customers.Insurance brokerage in the UKThe term Insurance Broker became a regulated term under the Insurance Brokers (Registration) Act 1977 [ [http://www.biba … Wikipedia
insurance broker — A broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer. Bloomberg Financial Dictionary * * * insurance broker … Financial and business terms
insurance broker — One who acts as a middleman between the insured and the insurer, and who solicits insurance from the public under no employment from any special company, but having secured an order, either places the insurance with a company selected by the… … Ballentine's law dictionary
insurance broker — draudimo brokeris statusas Aprobuotas sritis draudimo tarpininkavimo veikla apibrėžtis Asmuo, vykdantis draudimo ir perdraudimo tarpininkavimo veiklą draudimo brokerių įmonėje. Draudimo brokeriu gali būti tik nepriekaištingos reputacijos fizinis… … Lithuanian dictionary (lietuvių žodynas)
insurance broker's lien — Alien of an insurance broker or agent of the insured upon all policies in his hands procured by him for his principal, and also upon all moneys received by him upon such policies, for the payment of the amount due him for commissions,… … Ballentine's law dictionary
insurance broker company — draudimo brokerių įmonė statusas Aprobuotas sritis draudimo tarpininkavimo veikla apibrėžtis Įmonė, teisės aktų nustatyta tvarka vykdanti draudimo tarpininkavimo, perdraudimo tarpininkavimo ir tarpininkavimo sudarant pensijų kaupimo (išskyrus… … Lithuanian dictionary (lietuvių žodynas)
insurance broker — noun an agent who sells insurance • Syn: ↑insurance agent, ↑general agent, ↑underwriter • Derivationally related forms: ↑underwrite (for: ↑underwriter) • … Useful english dictionary
insurance broker — in surance .broker also in surance .agent n someone who arranges and sells insurance as their job … Dictionary of contemporary English
