Brokerage Department

  

They do the dirty work. The brokerage department is the team within an insurance company that brokers deals for super specialized or otherwise hard-to-insure clients.

When Evel Knievel needed insurance, he could get basic motorcycle coverage from his insurance company, but needed to work with the brokerage department for add-on coverage related to all of his death-defying stunts.

Find other enlightening terms in Shmoop Finance Genius Bar(f)