What title is given to an individual who sells, solicits, or negotiates insurance on behalf of insurance companies for compensation?

The title given to an individual who sells, solicits, or negotiates insurance on behalf of insurance companies for compensation is "Producer." In the context of insurance, a producer serves as a representative of the insurer or insurers and is involved in the activities related to the sale of insurance policies. Producers have a contractual relationship with one or more insurance companies to facilitate the placement of insurance coverage for clients.

This role encompasses various responsibilities, such as assessing clients' insurance needs, advising them on suitable coverage options, and ensuring compliance with regulatory requirements. The designation emphasizes the individual's active participation in promoting and selling insurance products, which aligns with the translation of their role in the industry.

While brokers and agents also play roles in the insurance market, the term "producer" is broader and encompasses both brokers and agents, making it the most fitting choice in this context. Adjusters, on the other hand, are involved in claims management and do not typically engage in the selling or negotiating of insurance policies.