Insurance Intermediaries

Ioana Nely Militaru
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Ioana Nely Militaru: Bucharest University of Economic Studies

CECCAR Business Review, 2024, vol. 5, issue 11, 29-35

Abstract: The insurance contract is concluded between the insured and the insurer. However, insurance relations may also involve other persons than the insured and the insurer, for example, the insurance contractor, the beneficiary, the person covered by the insurance, coinsurers, reinsurers, intermediaries who mediate the conclusion of the insurance contract, etc. This article presents insurance intermediaries. They do not become parties to the insurance contract, although they mediate its conclusion. Insurance intermediaries initiate or carry out insurance distribution activities in exchange for remuneration.

Keywords: insured; insurer; insurance intermediary; directive; regulation; ancillary insurance; reinsurance; brokerage company; credit institution; investment firm (search for similar items in EconPapers)
JEL-codes: G22 G52 I13 K15 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ahd:journl:v:5:y:2024:i:11:p:29-35

DOI: 10.37945/cbr.2024.11.04

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