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what is an incumbent broker? i know broker and incumbent, but dont know when they are put together? are they opposed to online brokers?
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Mister Micawber
Key Member
- Joined
- Sep 26, 2004
- Member Type
- English Teacher
- Native Language
- English
- Home Country
- United States
- Current Location
- Japan
I googled, and the results seem to suggest that it is simply 'incumbent' + 'broker', that is, the insurance broker that is currently retained by the company or institution.
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