Muzaffarpur () also spelled as Mozufferpore, is a city located in Muzaffarpur district on the banks of Burhi Gandak river in the Tirhut division of the Indian state of Bihar. It serves as the headquarters of the Tirhut division, the Muzaffarpur district. It is the fourth most populous city in Bihar.

Muzaffarpur is known for Shahi litchis and is known as the Lychee Kingdom. Shahi lychee is the fourth product from Bihar to get the Geographical Indication (GI) tag, after jardalu mango, katarni rice and Magahi paan (betel leaf). The city is situated on the banks …

You can get more details about Muzaffarpur in Wikipedia link https://en.wikipedia.org/wiki/Muzaffarpur

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“Insurance Broker” means a person who is a direct broker, a reinsurance broker or a composite broker for the time being registered by the Authority, as the case may be, unless expressly stated to the contrary

“Principal Officer” means - an officer in an executive role designated as such for the purpose of performing the duties and responsibilities as specified in these regulations to carry out the functions of an insurance broker and who shall be the chief executive officer or a whole-time director or managing director, managing partner or a managing trustee or such individual appointed / engaged exclusively to carry out the functions of an insurance broker

Categories of the Insurance brokers – (a) direct broker (life) (b) direct broker (general) (c) direct broker (life & general) (d) reinsurance broker (e) composite broker

“Direct Broker” means an Insurance Broker, registered by the Authority, who for a remuneration and/or a Fee, solicits and arranges insurance business for its clients with insurers located in India and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.

“Reinsurance Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a Fee, solicits and arranges re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations

“Composite Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a fee, solicits and arranges insurance and/or re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.