Broker of Record

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Broker of Record

An insurance agent who manages a policy for a client. The agent of record gives all quotes to and receives questions from the client. He/she receives a commission or other compensation for these services.
References in periodicals archive ?
I have never seen so many brokers of record letters change hands in my career.
Mellon Shareholder Services, the company's stock transfer agent, informed all brokers of record in January 2001 of the classification of the dividends as a return of capital.
Mellon Shareholder Services, the company's stock transfer agent, informed all brokers of record in January 2002 of the classification of the dividends as a return of capital for 2001.