Functions of Insurance Brokers in Risk Management Effective risk management is one of the core functions of insurance brokers. They identify potential risks that individuals or businesses may face and suggest insurance products that mitigate those risks. Brokers tailor solutions that protect assets, health, and livelihoods while ensuring cost-effectiveness. Their ongoing support ensures that you remain covered as your circumstances evolve. https://www.newageib.com/what-is-the-role-of-insurance-brokers-and-how-they-are-different-than-insurance-agents/