insurance intermediaries

What Role Does An Intermediary Play While Bringing The Buyer And Seller Together?

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What Role Does An Intermediary Play While Bringing The Buyer And Seller Together? Intermediaries put buyers and sellers together without taking ownership of the product, service or property. They act as go-betweens. They are not wholesalers or distributors, which buy products and then resell them. They are usually paid on a percentage of the total

Who Functions As Intermediary Between Insurance Provider And Insured?

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Who Functions As Intermediary Between Insurance Provider And Insured? An agent is an individual who is an intermediary representing an insurance company. What are intermediaries? Definition: Intermediaries are individuals or organizations that undertake the role of mediators or linkage between two parties. Intermediaries are third parties and fill a function that is needed by two