Brokers help find and recommend insurance policies by assessing client needs and researching options. Brokers are distinct from agents as they can't bind coverage; they facilitate policy application.
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What Is a Broker Fee and How Do They Work?
A broker is an individual that works as the intermediary between buyers and sellers in the stock market or in real estate. Brokers earn a fee for their work. The broker fee (also known as a brokerage ...
(Reuters) -Brown & Brown posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued ...
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