Differences and Similarities
Dealer and the broker both have their important roles in the financial industries. Dealer is the one who is engaged in buying and selling of the securities and agent act as intermediary in buying and selling. Broker can become dealer once he has gained enough knowledge and experience in the field. Broker A broker is … Read more
An agent and a broker both act as intermediaries between the company and client. But there are technical differences between both of these which represents their roles. Let say a person needs insurance, he/she would require services of both agent and a broker. Agent would act as intermediary between the insurer (company) and insured (client) … Read more
When we talk about insurances, we often hear the terms insurance agent or broker. The insurance broker is a term used to talk about a person who represents an insurance buyer, while insurance agent is the one who represents one or more insurance companies. The role of both is same in insurance, the difference between … Read more