Definition of Insurance broker. Meaning of Insurance broker. Synonyms of Insurance broker

Here you will find one or more explanations in English for the word Insurance broker. Also in the bottom left of the page several parts of wikipedia pages related to the word Insurance broker and, of course, Insurance broker synonyms and on the right images related to the word Insurance broker.

Definition of Insurance broker

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; an agent. 2. (Law) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. --Story. 3. A dealer in money, notes, bills of exchange, etc. 4. A dealer in secondhand goods. [Eng.] 5. A pimp or procurer. [Obs.] --Shak. Bill broker, one who buys and sells notes and bills of exchange. Curbstone broker or Street broker, an operator in stocks (not a member of the Stock Exchange) who executes orders by running from office to office, or by transactions on the street. [U.S.] Exchange broker, one who buys and sells uncurrent money, and deals in exchanges relating to money. Insurance broker, one who is agent in procuring insurance on vessels, or against fire. Pawn broker. See Pawnbroker. Real estate broker, one who buys and sells lands, and negotiates loans, etc., upon mortgage. Ship broker, one who acts as agent in buying and selling ships, procuring freight, etc. Stock broker. See Stockbroker.

Meaning of Insurance broker from wikipedia

- An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct...
- Global 2000 List. In 2017, Business Insurance ranked Marsh McLennan #1 of the world's largest insurance brokers. Burroughs, Marsh & McLennan was formed...
- Information broker (data broker) Insurance broker Intellectual property broker Joint venture broker List broker Matchmaking Message broker Mortgage broker Pawnbroker...
- an insurance consultant, an "insurance broker" also shops around for the best insurance policy among many companies. However, with insurance brokers, the...
- company bought the insurance brokerage units of the Esmark conglomerate. Ryan focused on insurance brokering and added more upscale insurance products. He also...
- Hastings Insurance Services Ltd is a UK personal lines insurance broker servicing customers via smartphone mobile app, online, and by phone. The company...
- services company Towers Watson in 2016. It was the world's third-largest insurance broker when measured by revenues. Willis was previously listed on the New...
- since expanded nationally. In 2022, Business Insurance recognized Acrisure as the 6th largest insurance broker in the world. In 2005, Acrisure was founded...
- Devitt Insurance Services Limited is a privately owned insurance broker based in Romford, England founded in 1936. Devitt has circa 130,000 customers,[citation...
- billion in ****ets. As of January 2021, Truist Insurance Holdings is the seventh largest insurance broker in the world, with $2.27 billion in annual revenue...