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Brokerage Department

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Brokerage Department
A department of an insurance company that sells policies to customers. The brokers within the department often work purely for commissions and do not collect salaries or wages. Some, though not all, brokerage departments have their own underwriters to facilitate the quick sale of policies.


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[ILLUSTRATION OMITTED] Additionally, he supervises more than 40 experienced real estate professionals in the brokerage department at 277 Park Avenue and oversees the firm's marketing strategy, advertising and public relations.
uk Bank of America Corp (NYSE: BAC) has denied media reports that Sallie Krawcheck, the head of its brokerage department, is leaving the firm.
The brokerage department does a tremendous business arranging pickup and delivery with large companies and owner / operators.
 
 
 
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