You are here:About>Business & Finance>Business Insurance> Glossary of Insurance Terms> Broker - Business Insurance Definition
About.comBusiness Insurance

"Broker"

From Gregory Boop,
Your Guide to Business Insurance.
FREE Newsletter. Sign Up Now!
Definition: One who represents an insured in solicitation, negotiation, or procurement of contracts of insurance, and who has a duty to the insured to match the insureds insurance needs with proper insurance products.
Examples: A health insurance broker works to match applicants with a health insurance company or plan best matched to their needs.
 All Topics | Email Article | Print this Page | |
Advertising Info | News & Events | Work at About | SiteMap | Reprints | HelpOur Story | Be a Guide
User Agreement | Ethics Policy | Patent Info. | Privacy Policy©2008 About, Inc., A part of The New York Times Company. All rights reserved.