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How the Insurance Industry Ecosystem Works

Learn how the insurance industry ecosystem works, including its key participants, distribution channels and the important role insurance brokers play.

The insurance industry is an interconnected ecosystem of businesses, professionals and markets that work together to help organizations manage and transfer risk.

This short video introduces the major segments of the industry, identifies the key participants and explains how they interact. It also explores the broker’s role and the traditional and alternative ways businesses obtain insurance coverage.

Learning objectives

After watching this video, learners should be able to:

  • Identify the primary participants in the insurance industry
  • Explain how those participants are interconnected
  • Describe the role and value of an insurance broker
  • Recognize traditional and alternative ways businesses obtain insurance
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