Brokerage Department

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.
References in periodicals archive ?
Talking about Ms Isa, the chief executive said the 13-year veteran of Sico's brokerage department has become the first female head of brokerage in Bahrain.
Avison Young announced that Paul Errigo has joined the firm's brokerage department as an Associate specializing in landlord and tenant leasing representation within the office sector.
Meanwhile, Galt & TaggartEe's brokerage department provides trading execution and custody access to these hard-to-reach markets.
Their retail brokerage department, Monticello wealth management, provides comprehensive financial planning services and wealth management to diverse clientele throughout Southern Kentucky.
Earlier in June sources said that the head of Mena equities at JP Morgan's brokerage department resigned to join Egypt's EFG-Hermes Asset Management and that his replacement would be hired by the end of the month.
A licensed real estate broker in Michigan and Florida, Bubniak oversees the company's investment sales division of the brokerage department.
Muscat: The brokerage department of ahlibank, which has a range of financial products, has launched margin trading, which is also known as secured finance.
Chief Operating Officer Antony Lingard was previously a Managing Director in UBS' Prime Brokerage department and Chief Technology Officer Neil Panchen has worked as Global Head of Commodities IT and Global Head of FX IT through 2008 at Deutsche Bank, and has implemented the IT infrastructure for the FX Exotics, FX Forwards and Precious Metals businesses.
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.
I expect them to be very active and eye other assets in Africa and the Middle East to achieve their strategy to become one of the top telecom players by 2011," said Marc Hammoud, telecom analyst at Cheuvreux, the brokerage department of Calyon-DIFC.
We wouldn't have the brokerage department we have today if it wasn't for the marketing skills of Jim Lohman (who is vice president of marketing).