What role do insurance agents play in the insurance industry?

Insurance agents play a crucial role in the insurance industry by acting as intermediaries between insurance companies and clients. Their primary responsibility is to represent the interests of insurance companies while also addressing the individual needs of clients. This involves not only selling insurance policies but also providing ongoing service to clients after the sale. This service may include helping clients understand their coverage, assisting with claims, and offering advice on policy renewals or adjustments based on changes in the client's situation.

By fulfilling this dual role, insurance agents contribute significantly to the effectiveness of the insurance market. They ensure that clients receive appropriate coverage that meets their specific needs, while also facilitating the sale of policies for insurance companies. This relationship is essential for building trust and ensuring customer satisfaction within the industry.