CII Certificate in Insurance - Insurance Broking Fundamentals (I10) Practice Test 2026 – All-in-One Guide for Exam Success!

Creating insurance policies is not one of the main regulated activities in insurance broking. Insurance brokers primarily facilitate the transaction between clients and insurers, which includes tasks like arranging the purchase of insurance policies, advising clients on their insurance needs, and acting as agents for insurers.

Brokers do not have the authority to create or underwrite insurance policies, as this function is carried out by the insurance companies themselves. Their focus is on providing services related to the distribution and management of existing insurance products rather than developing new products. Thus, while arranging purchases, advising clients, and dealing as agents are central activities of an insurance broker, the creation of insurance policies lies outside the scope of their regulated activities.