What is the difference between insurance agents and brokers?

Answer 1

An insurance broker differs from an insurance agent in that a broker is considered an agent of the Insured even though he or she may receive a commission from the insurance company A broker may sell the products of a number of insurers whereas an insurance agent has the Insurer as his principal and works in the interest of the Insurer and not the Insured

Answer 2

There are many important differences between insurance brokers and insurance agents. The main differences that one should note is that insurence agents are individuals that work between the company and the insured and brokers sell products to the insured.