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Intermediaries work to enable all court participants to follow the action, make informed choices, and understand any judgements that are made. In practical terms this means that intermediaries make sure that: things are explained and talked about in ways that the vulnerable person can understand.
Answer: An intermediary is a broker who negotiates the transaction between the parties when the broker or a sales agent sponsored by the broker has obtained consent from the parties to represent both the buyer and the seller.
Firms in a distribution channel that help a company to find customers or make sales to them. Intermediaries include brokers, agents, dealers, wholesalers, and retailers that buy and resell goods.
A Reinsurance Intermediary-manager means any person, firm, association, or corporation that has authority to bind, or manages all or part of the assumed reinsurance business of, a reinsurer (including the management of a separate division, department, or underwriting office) and acts as an agent for the reinsurer
A reinsurance intermediary acts as a broker in soliciting, negotiating or procuring the writing of any reinsurance contract or binder. Reinsurance intermediaries act as insurance producers in accepting any reinsurance contract or binder on behalf of an insurer.
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