Which of the following is NOT a specialist risk management service offered by brokers?

Prepare for the CII Insurance Broking Fundamentals with flashcards and multiple choice questions. Access hints and explanations for each question. Ace your exam!

Market research is typically not categorized as a specialist risk management service that brokers provide. In the context of insurance broking, specialist risk management services are designed to identify, analyze, and mitigate specific risks associated with a business or an operation. These services often focus on particular areas of concern that require expertise, such as liability surveys to assess potential legal risks, business continuity planning to ensure that an organization can maintain operations during and after disruptions, and environmental surveys to evaluate environmental liabilities and compliance issues.

In contrast, market research generally involves gathering and analyzing information about consumers, competitors, and market trends to inform business decisions, rather than directly addressing risk management. Therefore, while valuable for overall business strategy, it does not fall under the umbrella of specialized risk management services typically offered by insurance brokers.

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