A(n) _______ sells, solicits, or negotiates insurance on behalf of insurance companies for compensation

• A. producer
• B. adjuster
• C. broker
• D. underwriter

Answer: (A)

In insurance practice, a producer is the person licensed to sell, solicit, or negotiate insurance for compensation on behalf of an insurer. This description matches someone who represents an insurance company to bring in and place policies, rather than someone who handles claims or represents the insured. An adjuster investigates and settles claims; a broker typically represents the insured and places coverage with insurers; and an underwriter evaluates risk and determines whether to issue a policy and at what price. Because the role described involves selling or negotiating insurance for the insurer, the correct term is producer.