In the transaction of insurance, which of the following is considered to be representing the client?

In the transaction of insurance, the broker is considered to be representing the client because their primary responsibility is to act on behalf of the policyholder rather than the insurance company. Brokers are independent agents who work with multiple insurance providers to find the best coverage and terms that suit their client's specific needs. They provide personalized advice, help clients understand their options, and advocate for the client's interests throughout the purchasing process. This client-centric role distinguishes brokers from other parties in the insurance transaction.

Other roles, such as the insurer, underwriter, and adjuster, have different functions. The insurer is the company providing the insurance coverage, the underwriter assesses risks and determines policy terms and premiums, and the adjuster evaluates claims and helps settle any disputes after a loss occurs. While these roles are essential in the insurance process, they primarily represent the insurance company's interests rather than the client's.