What class of business is NOT typically handled by insurance brokers?

Insurance brokers specialize in arranging and managing insurance policies for clients across various sectors, most commonly in personal lines, commercial insurance, and specialty lines. Personal lines cover individual or household risks, such as home and auto insurance. Commercial insurance deals with business-related risks, providing coverage for businesses of different sizes across various industries. Specialty lines refer to niche markets that require specialized knowledge or tailored insurance products.

Investment banking, however, is not within the scope of services typically offered by insurance brokers. This field primarily focuses on financial services related to raising capital and advising on mergers and acquisitions, rather than facilitating the procurement of insurance. Insurance brokers operate within the insurance industry, focusing on protecting assets and managing risks rather than banking or financial investments. Thus, the choice marked pertains accurately to the responsibilities and services of insurance brokers, making it clear why investment banking is not a class of business they typically handle.