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World Federation of Insurance Intermediaries

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WFII, the World Federation of Insurance Intermediaries, represents insurance agents and brokers from over 100 national associations (in over 80 countries) across the world.

WFII was formally launched in January 1999, in Washington D.C. and represents over 400,000 professional intermediaries who handle the vast majority of insurance placements globally.

WFII represents the interests of intermediaries with international institutions and works to deepen the understanding of the role played by insurance brokers and agents in global commerce.

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From The Glossary »

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Proposal:

A request for insurance submitted to the insurer by or on behalf of the insured. The proposal usually includes sufficient facts for the insurer to determine whether or not it wishes to accept the risk.
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