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I10 Broker Exam

This class was created by Brainscape user Danny Hillier. Visit their profile to learn more about the creator.

By: Danny Hillier
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Decks in this class (13)

Lloyd's Market
Who is lloyds regulated by,
Do lloyds have a separate code of...,
Who are mgas regulated by
10  cards
Reinsurance Brokers
The purpose of reinsurance is,
Three types of reinsurers,
Reinsurance process
3  cards
Wholesale & Retail Brokers
Who is a wholesale broker acting ...,
Who does a wholesale broker have ...,
A broker arranging contracts of i...
4  cards
Delegated Authority Agreements
Who does an insurer delegated und...,
Coverholder,
Binding authority
8  cards
Managing General Agents (MGAs)
Who is an mga considered to be th...,
Who do mgas manage
2  cards
Miscellaneous
What is the cost for a subject ac...,
What is the definition of fair an...,
What type of company would a rein...
32  cards
Questions from study text - Chapter One
What is the difference between an...,
In common law who is an agent,
State four reasons why an insured...
12  cards
Questions from study text - Chapter Two
What is the process of identifyin...,
When submitting a risk to an unde...,
List three limiting factors affec...
9  cards
Questions from study text - Chapter Three
What are the three fundamental fa...,
What are the three methods of tra...,
State three purposes of reinsurance
12  cards
Questions from study text - Chapter Four
List four duties of an insurance ...,
What does the law of agency requi...,
List five situations when a broke...
5  cards
Questions from study text - Chapter 5
What are the fcas main areas of r...,
How does the fca define insurance...,
What are the four main activities...
10  cards
Questions from study text - Chapter 6
What are the three types of fund ...,
List four ways other than by fee ...,
List three types of fee a broker ...
4  cards
Questions from study text - Chapter Seven
List the key ways in which broker...,
Identify four ways in which broke...,
List four characteristics that co...
8  cards

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I10 Broker Exam

  • Class purpose General learning

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