BusinessAugust 21, 2026
intermediated
IN-ter-mee-dee-ay-ted
Definition
Operated through or involving a third party, such as a retailer or dealer, rather than being sold directly by the primary insurer to the consumer.
Etymology
Derived from the Latin 'intermediatus,' meaning 'situated between,' formed by the prefix 'inter-' (between) and the root 'medius' (middle).
In the news
The article uses the term to describe insurance products sold via third-party channels like dealerships, which creates risks that the FMA argues insurers must proactively monitor.
FMA's add-on insurance review lands as commission scrutiny widens
Read the full article ↗Insurance Business