Insurance Brokerage Firms
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Insurance brokerage firms play a key role in business development of both life insurance and general insurance companies. On one hand, they act as intermediary between insurer and client, helping to assess the client’s business and risk profile, and accordingly suggesting appropriate coverage. On the other hand, they also act to convince the insurer to assume the risk involved in underwriting particular policies. Although insurance brokerage firms draw their salaries from insurers, a firm
