I10 Broker Exam

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

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

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