What strategic risk issue does an insurance broker who only operates in their own
country face?
. Define ‘insurance risk’.
What is a soft insurance market?
. Describe the main features of risks found within the regulatory/legal risk category.
. In risk terms, what is the essential interest of shareholders?
Brokers will select insurers to recommend to clients based on the terms and
conditions that the insurer offers. Will a broker also guarantee the financial security of
the recommended insurers?
