An insurance broker, also known as an insurance agent suggests insurance products to his/her clients based on their current and future insurance requirements. They are knowledgeable about almost all the insurance products available in the industry, from all the different insurance companies. They use their knowledge and understanding of insurance products to help the clients get best insurance products according to their financial situations and future insurance requirements.

They analyze the financial and insurance requirements of the clients. They also conduct regular researches, identifying all the different insurance products made available by the companies.

They collect premiums, process accounts and help clients file claims when needed. They also negotiate with insurers for the best deals. Insurance brokers specialize in one area or offer to sell a full range of insurance products. They also prepare and update reports for underwriters and surveyors when needed.

Clients always expect impartial advice from the insurance broker, as they generally deal with insurance products from different insurers.