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distribution system

A distribution system refers to the method by which an insurer reaches its insureds—that is, as direct writer, wholesaler, agency system, or broker market.

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Related Terms

A direct writer is an insurance company that employs its own sales force rather than using...

An agency system is an independent contractor approach to sales and service in insurance marketing.

The brokerage market refers to reinsurers that write business through reinsurance intermediaries.