The __________ associated with the insurance business are agents, surveyors, loss assessors, brokers, administrators

Question

Question: The __________ associated with the insurance business are agents, surveyors, loss assessors, brokers, third party administrators and banks.

Options:

1.  Management
2.  Organization
3.  Intermediaries
4.  Regulators

Answer 1

3. Intermediaries

The intermediaries associated with the insurance business are agents, surveyors, loss assessors, brokers, third party administrators and banks.

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More information:

The mediator is a third party acting as linkage services between the two groups, which includes the transmission of messages between the principals in the dispute, preventing direct contact and possible escalation of the problem.

The intermediaries includes agents, surveyors, loss assessors, brokers, third party administrators and banks in the insurance business.