INSURANCE FUNCTION
■ Describe the differences between insurance agents and brokers
■ Describe how direct marketing and e-commerce has affected traditional insurance marketing
■ Identify a loss adjuster’s responsibilities
■ Explain the insurance underwriter’s functions
■ Describe the activities carried out by insurance actuaries
■ Describe the role of traditional business functions like finance and accounting in insurance
■ Describe the reinsurance function and explain why insurers use reinsuran
