Independent agents who represent multiple insurers are often referred to as:

Independent agents who represent multiple insurers are often referred to as:

• A. Captive agents
• B. Brokers
• C. Adjusters
• D. Underwriters

Answer: (B)

Brokers are the ones who act as intermediaries for the insured, representing multiple insurers and shopping coverage across carriers. Independent agents fit this role because they aren’t tied to a single company and can place a policy with any insurer they represent, making it easier to find the best fit and price for the client. Captive agents, by contrast, represent only one insurer. Adjusters handle claims, not policy placement, and underwriters evaluate risk and decide on coverage terms before a policy is issued.

Brokers are the ones who act as intermediaries for the insured, representing multiple insurers and shopping coverage across carriers. Independent agents fit this role because they aren’t tied to a single company and can place a policy with any insurer they represent, making it easier to find the best fit and price for the client. Captive agents, by contrast, represent only one insurer. Adjusters handle claims, not policy placement, and underwriters evaluate risk and decide on coverage terms before a policy is issued.