An insurance broker is an intermediary who helps arrange insurance, commonly by seeking suitable terms from insurers for a client. Duties, licensing, permitted activities, and remuneration vary by jurisdiction. A broker is not the insurer and does not independently guarantee claim payment.
A Nepalese business considering brokerage support should first verify the provider's authorisation and the current local framework through the Nepal Insurance Authority. Broker availability and legal roles should not be assumed from foreign practice. Ask which insurers were approached and how advice, fees, and ongoing claim support are provided.