Question: Which statement is true? a An agent represents an insurance company b An agent represents a client c A broker represents an insurance company d

Which statement is true?

a An agent represents an insurance company

b An agent represents a client

c A broker represents an insurance company

d A broker and an agent cannot be the same person

A company's cost of risk is reduced, what is this an example of:

a Adverse financial impact

b Identifying loss exposures

c Benefits of risk management

d Direct & indirect loss

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