Direct Broker definition

Direct Broker means an insurance broker who for the time-being licensed by the Authority to act as such, for a remuneration carries out the functions as specified under regulation 4 either in the field of life insurance or general insurance or both on behalf of its clients;
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Direct Broker means an Insurance Broker, registered by the Authority, who for a remuneration and/or a Fee, solicits and arranges insurance business for its clients with insurers located in India and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.
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Direct Broker means an insurance broker registered with the Authority who for a remuneration and/or a fee, solicits and arranges insurance business for its clients with insurers, and/or provide risk management services as permitted under these regulations;
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Examples of Direct Broker in a sentence

  • The functions of Direct Broker, Reinsurance Broker and Composite Broker are outlined in Schedule I of these regulations.

  • Branch Location: Date of Proposal:Source of Lead: Direct Broker Corporate Agent Agency Name of the Source: Code:Client ID: Proposal No:Industry Type: Category: Central PSU State PSU Non PSUKey Account Manager Region:Name:Key Account Manager Employee ID:CIF Code/RMCIF/RM Name: PF Index No: Instructions For Filling In The Form:1.

  • Broker Fees That You Will Pay Directly Amount of Fee $ + $ = $ Total Direct Broker Fees You Will Pay: Broker Compensation That the Lender Will Pay: Maximum Broker Fee: Total including Direct Broker Fees and Broker Compensation that the Lender will pay.

  • Company is a Direct Broker registered by IRDAI vide Registration No 505 Valid w.e.f. 27/11/2015 to 26/11/2017 and renewable thereafter from to time.

  • Company is a Direct Broker (Life, Non-Life & Health) registered by IRDAI vide registration and renewable thereafter from time to time.

  • Applications by Eligible Applicants who are (a) not nationals of the UAE or (b) Employees, must, in each case, be placed only with Direct Broker for Financial Services (Mubasher).

  • Company is a Direct Broker (Life, Non-Life & Health) registered by IRDAI vide registration No.706 Valid upto 25/04/2023 and renewable thereafter from time to time.

  • Company is a Direct Broker (Life, Non-Life & Health) registered by IRDAI vide registration No. 680.

  • Nothing in this paragraph shall prevent you from requesting that the applicable arbitration entity reduce or waive your fees, or that car2go voluntarily pay an additional share of said fees, based upon your financial circumstances or the nature of your claim.

  • IRDAI levied penalty of ` 2 Lac in May 2015 due to delay in renewal of IRDAI Broker training certification of Branch Manager (Regulation 9(3)(b) of IRDA Brokers Regulations, 2002) at the time of renewal of Direct Broker Licence.


More Definitions of Direct Broker

Direct Broker means an insurance broker who for the time-being registered by the Authority to act as such, for a remuneration or fee arranges insurance for its clients with insurers;
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Direct Broker means an insurance broker who is licensed by the Authority to act as such, for remuneration (commission, fees etc) carries out the functions as specified under section 3 of this regulation either in the field of life insurance or general insurance or both, on behalf of his clients.
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Related to Direct Broker

  • Data Broker means either of the following:

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Associate broker means a licensed broker who is employed by

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Introducing Broker means a third party who introduces prospective Clients to the Company.

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Seller’s Broker means CB Xxxxxxx Xxxxx.

  • Participating Broker- Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.

  • Approved Broker means any of the companies listed on Schedule 7 or such other company proposed by the Borrowers which the Agent may, with the consent of the Majority Lenders (such consent not to be unreasonably withheld), approve from time to time for the purpose of valuing a Ship, who shall act as an expert and not as arbitrator and whose valuation shall be conclusive and binding on all parties to this Agreement;

  • Broker means any person engaged in the business of effecting transactions in securities for the account of others.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Mortgage broker means any person who for compensation or

  • Customs Broker means that individual, partnership, entity or corporation licensed by the Canada Border Services Agency, or other authorized body, to engage in the business of a customs broker and who is named as the Customs Broker in the Agency Agreement and Power of Attorney.

  • Morgan Stanley Broker means a broker-dealer affiliated with Morgan Stanley.

  • Landlord’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Landlord.

  • Salesperson means any person holding an Iowa real estate salesperson license as defined in Iowa Code section 543B.5(19).

  • Tenant’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Tenant.

  • REAL ESTATE BROKERS (See also Paragraph 15) REPRESENTATION: The following real estate brokers (collectively, the "BROKERS") and brokerage relationships exist in this transaction (check applicable boxes): [X] XXXX Commercial Real Estate Services represents Lessor exclusively ("LESSOR'S BROKER"); [X] The Xxxxxx Co. represents Lessee exclusively ("LESSEE'S BROKER"); or [ ] _______________________________ represents both Lessor and Lessee ("DUAL AGENCY").

  • Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is (x) an FCM or Introducing Broker; or (y) non-U.S. Person acting in a similar capacity that is not required to register as an FCM or Introducing Broker under the Act and that is appropriately licensed in a jurisdiction where its DMA Customer is located.

  • Loan broker means any person who, for compensation or gain, or in the expectation

  • Pawnbroker means the same as that term is defined in Section 13-32a-102.

  • Real estate brokerage activity means any activity that involves offering or providing real estate brokerage services to the public, including:

  • insurance broker means an insurance brokerage firm,

  • Designated Broker Agreement means an agreement between the Manager, on behalf of the ETFs, and a Designated Broker;

  • Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.