CPCU Ethics Practice Exam 2025 – Complete Study Resource

In the role of a reinsurance intermediary, Oliver's duties are characterized by significant responsibilities toward both the public and primary insurer policyholders. This reflects the ethical obligations inherent in the insurance industry, where intermediaries act as a bridge between insurers and reinsurers.

Reinsurance intermediaries play a crucial role in ensuring that primary insurers can effectively manage risk and provide coverage to their policyholders. This involves not only facilitating transactions but also advocating for fair practices, transparency, and the best interests of clients, which include consumers and businesses purchasing insurance. Their actions directly influence the stability of the insurance market and the availability of coverage options for individuals and organizations.

In this context, the duties extend beyond a mere transactional role. While it might involve negotiations and securing reinsurance contracts, intermediaries must also consider the implications of their work on the broader insurance ecosystem and the protection it offers to policyholders. By prioritizing the interests of both the reinsurers and the primary insurers, they help maintain trust in the insurance process, which ultimately serves the public good.