Thursday, July 29, 2010
Definition of a Wholesale Insurance Broker
Retail insurance agents meet countless clients and prospective clients regularly. Even independently licensed agents are often unable to extend their resources beyond a small handful of preferred insurance carriers, often remaining unaware of unique or specialized products.
That's where wholesale insurance brokers come in. Since they do not deal directly with the general public, but rather with the retail agents, they have time to research more carriers and learn new niche products, which they can present to retail agents to help meet their clients' needs.
That's where wholesale insurance brokers come in. Since they do not deal directly with the general public, but rather with the retail agents, they have time to research more carriers and learn new niche products, which they can present to retail agents to help meet their clients' needs.
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