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What is the difference between an insurance agency and an insurance brokerage company?

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Beijing Huafeng Xintai Investment Management Co

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An insurance agency is entrusted by an insurance company to sell the insurance products of the insurance company based on the authorization of the insurance company and collect commissions from the insurance company. To put it simply, insurance agencies are looking for customers with insurance products. Insurance brokerage companies are entrusted by the insured or policy holder to find insurance companies and insurance products according to their wishes, and extract commissions from both the client and the insurance company. To put it simply, insurance brokers take customers to find products.
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Transferring National Wan Insurance Brokerage Company, transferring National Wan Insurance Agency Company
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