How does Connecticut law define the role of an insurance producer?

Connecticut law defines an insurance producer as a person authorized to act on behalf of an insurance company. This means that the insurance producer has the power and the legal authority to represent the insurer in transactions involving the sale or promotion of insurance products. This role typically includes activities such as soliciting applications, negotiating contracts, and providing information about insurance policies to clients.

The definition emphasizes the agent's connection to the insurance company, highlighting that they are not merely salespeople but have a formal role in the operations of the insurer. This relationship is essential because it establishes the producer's responsibilities and the obligations they have both to the insurer and the clients they serve.

The other choices do not encompass the full scope of the insurance producer's role as defined by law. While selling policies and acting as a representative of the insurer are aspects of the role, the key component that captures the authority they hold is being authorized to act on behalf of the insurance company. A financial advisor for clients might provide helpful guidance but does not convey the specific legal standing and responsibilities associated with being an insurance producer.