insurance brokerage

 An insurance brokerage is a firm or individual who acts as an intermediary between insurance buyers and insurance companies. Brokers help individuals, businesses, or other entities find suitable insurance coverage by assessing their needs and connecting them with insurance providers that offer policies matching those requirements. Unlike insurance agents who typically represent a single insurance company, brokers work independently and can offer policies from multiple insurers, providing clients with a broader range of options.

Insurance brokers assist clients throughout the insurance process, from determining the type and amount of coverage needed to selecting the best policy at the most competitive price. They also provide advice on risk management and help clients navigate the claims process if they need to file a claim.

Brokers earn commissions from insurance companies for the policies they sell, and they may also charge fees for their services. The key advantage of using an insurance broker is the expertise and impartial advice they offer, helping clients make informed decisions about their insurance needs.