Which of the following is NOT a traditional broking service?

Offering private banking services is not considered a traditional broking service in the context of insurance broking. Traditional broking services primarily focus on facilitating insurance transactions between clients and insurers.

Key components of traditional broking include reviewing client needs, selecting appropriate insurers based on coverage and risks, and negotiating favorable terms and conditions for insurance policies on behalf of clients. These activities are central to the role of an insurance broker, as they aim to provide customized insurance solutions and ensure that clients are adequately covered against potential risks.

Private banking services, on the other hand, typically involve financial services that cater to high-net-worth individuals, including investment management, wealth planning, and other banking functions unrelated to insurance. This falls outside the scope of traditional broking activities, which remain focused on the insurance aspect rather than general financial services.