A recreational marine insurance wholesaler is a broker who works as an intermediary between an insurer and a retail broker. This type of broker will have no contact with the insured party and instead acts as a layer of experience and focused expertise for a retail broker. For instance, a retail broker can offer recreational marine insurance, motorcycle insurance and RV insurance and use a different wholesaler to find the best deals for each type. You can really benefit from dealing with wholesalers because it can open up a variety of niche coverages for your company to offer without having to take the time to develop those skills and relationships yourself.
When you are looking for a recreational marine insurance wholesaler, you will want to look for companies and individuals who can help your clients whether they own a dealership, a repair shop or a manufacturing company. This can help everyone involved to find the best solutions for any gaps in insurance. Many companies will have this information listed on their websites, you can also find companies through your industry contacts which offer the things you are looking for. It is a good idea to look at things like reputation and areas covered to help you find the best fit in insurance wholesalers.