What does Brokerage mean? Read on to discover the definition & meaning of the term Brokerage - to help you better understand the language used in insurance policies.
A brokerage, in the context of insurance, refers a company that connects insurers and potential clients to help individuals and businesses find insurance policies that represent a good value for their specific needs. Insurance brokers are often the people who represent the brokerage in this work.
We hope the you have a better understanding of the meaning of Brokerage.