A broker is an insurance intermediary who/that represents the insured rather than the insurer.
agency
An agency is an entity that sells insurance.
Additional Information
It may be directed toward property and liability insurance, life and health insurance, or both. Also, it might be an independent organization or an insurer subsidiary.
Related Terms
The independent agency system consists of marketing insurance through independent contractors...
An exclusive agency system is an insurance distribution system through which agents represent only...
