Video: Introduction to the Insurance Brokers Industry

The Insurance Brokers industry serves as an intermediary between consumers and insurance companies, helping individuals, businesses, and organizations find suitable insurance policies to manage risk and protect assets. Brokers assess client needs, provide expert advice on various insurance options such as health, life, property, and casualty insurance, and negotiate terms and coverage with insurers. By leveraging their market knowledge and relationships with multiple carriers, they offer tailored solutions and competitive pricing. The industry is characterized by its value-added services, including risk assessment, claims assistance, and policy management. Technological advancements and regulatory changes continue to shape its evolution, enhancing service delivery and operational efficiency.