An insurance broker is a professional whose job entails helping clients select an insurance plan for their particular needs. An insurance broker works independently on behalf of the buyers, as opposed to the insurance companies, and presents several different options based on the particular details and benefits of each individual plan.
Due to the liability and legal complexity of the industry, insurance brokers must carry an insurance brokers license in whichever state they are practicing in or they will be in violation of the law. The insurance brokers license requires a strong background of education and experience, more than that of a typical insurance agent. Maintaining an objective insurance company and broker relationship is very important in acquiring a fair and accurate insurance policy in terms of insurance broker management and procedures.
A lawsuit involving insurance brokerage may be based on liability claims, bad faith, risk exposure, loss management, agent and broker error and omissions, claims and loss damages, or insurance commission disputes, among other possible issues. Whether it’s auto liability insurance, builders risk insurance, property insurance, life insurance, ocean marine insurance, inland marine insurance, casualty insurance, general liability insurance, health insurance, or workers compensation insurance, the knowledge provided by an insurance broker expert witness may become vital to the outcome of a case.
Insurance brokers work within a complex business involving a lot of details and exchanges between parties, so it very important to have a qualified insurance broker expert witness present in the event of a lawsuit. ForensisGroup recruits only the best in each field, so our clients are matched with the highest quality experts. Browse through our extensive selection of insurance broker expert witnesses and submit an expert request form or take the time to call us for the best expert witnesses you may need for your case.