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Ind. Code § 27-6-9-7

Reinsurance intermediary-broker

Indiana · Indiana Code Title 27 — Insurance · Status: effective

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Ind. Code § 27-6-9-7, Reinsurance intermediary-broker, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663380
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Sec. 7. As used in this chapter, "reinsurance intermediary-broker" or, "RB" means any person, other than an officer or employee of the ceding insurer, "firm," association, or corporation who solicits, negotiates, or places reinsurance cessions or retrocessions on behalf of a ceding insurer without the authority or power to bind reinsurance on behalf of that insurer.