Broker

A licensed person or organization you can pay to shop for insurance on your behalf.

An insurance salesperson who deals with agents and companies to find insurance for consumers. A broker represents the consumer, not the insurance company.

An agent who handles the public's orders to buy and sell securities, commodities or other property. A commission is generally charged for this service.

An insurance salesperson who deals with agents and companies to find insurance for consumers. A broker represents the consumer, not the insurance company.

A licensed person or organization you can pay to shop for insurance on your behalf.

A broker acts as an agent or intermediary for a buyer and a seller. The buyer, seller, and broker may all be individuals, or one or more may be a business or other institution.

For example, a stockbroker works for a brokerage firm, and handles client orders to buy or sell stocks, bonds, commodities, and options in return for a commission or asset-based fee.

Stockbrokers must pass a uniform examination administered by the NASD and must register with the Securities and Exchange Commission (SEC).

A floor broker handles buy and sell orders on the floor of a securities or commodities exchange. A real estate broker represents the seller in a real estate transaction and receives a commission on the sale.

If as a real estate buyer you hire someone to represent your interests, that person is known as a buyer's agent. A mortgage or insurance broker acts as an intermediary in finding a mortgage or insurance policy for his or her client and also receives a commission.

An individual or firm that acts as an agent between providers and users of products or services, such as a mortgage broker or real estate broker. See also "Mortgage Broker"

An intermediary between the borrower and the lender. The broker may represent several lending sources and charges a fee or commission for services.

A licensed individual or firm that charges a fee to serve as the mediator between the buyer and seller. Mortgage brokers are individuals in the business of arranging funding or negotiating contracts for a client, but who does not loan the money. A real estate broker is someone who helps find a house.

A person licensed by the State to sell insurance coverage with multiple health plans or insurers. The broker represents you and not the insurance companies. The broker helps you shop for the best policy. Note that no license is necessary to sell HMO products in California.

An agent or broker is a person or business who can help you apply for help paying for coverage and enroll in a Qualified Health Plan (QHP) through the Marketplace. They can make specific recommendations about which plan you should enroll in. They’re also licensed and regulated by states and typically get payments, or commissions, from health insurers for enrolling a consumer into an issuer's plans. Some brokers may only be able to sell plans from specific health insurers.

An intermediary (or middleman) who matches a willing seller to willing buyer for all contract terms (price, volume, location, physical or financial) to effect a transaction. It can occur through personal contact (usually by phone or instant messaging [IM]) or electronically (trade matching platform like ICE's).