Intermediary

11 months ago

Insurance Glossary Team

1 minute

Plain English Definition: An intermediary is a person or organization that connects insurers and policyholders.

What Intermediary really means for someone with an insurance policy

Intermediaries, such as brokers or agents, facilitate communication between policyholders and insurance companies, helping to select, purchase, and manage insurance policies.

Intermediary Real World Examples

An insurance agent helps you find the best car insurance policy.
A broker compares life insurance options from multiple companies.
Insurance advisors provide expert recommendations tailored to your needs.