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Can a broker be both a broker and reinsurance broker?
Are you pertaining to being both a direct insurance and reinsurance broker at the same time? It probably depends on the Insurance Laws in your country. In the Philippines, you can be both a direct...
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What is the role and function of stock broker?
A stockbroker is a person or company who buys and sells stocks on behalf of another person or company. Stockbrokers make a profit by charging a commission off of the purchase and sale of stocks. A...
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What is the function of a broker in the purchase of a house?
The Function of a broker, will shop and compare interest rate from different lenders and receive an origination fee for doing the loan. A mortgage broker is not a lender but arranges mortgage...
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Who is a broker?
A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of...
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What is the main function of a commercial insurance broker?
IMHO, to find the best product for the best price for the consumer, to assist in risk analysis and discuss/review options with client, to review all client's business practices to be sure all...