Why do you need Insurance Brokers?
- Brokers have expertise, knowledge of market and negotiating skills
- Brokers are accountable to clients for professional negligence
- Brokers are technically competent to evaluate insurance companies on the basis of Coverage, services and price and thus ensure healthy competition
- Brokers are more aware of national and international markets
- Broker’s domain knowledge is useful to study the survey reports, determine / question
- Brokers assist in speedy and fair settlement of claims
- Brokers are the most stable insurance distribution channel
- Brokers normally have higher bargaining power – leading to significant Cost Savings for clients
- Brokers help you get the best terms and service from your insurer – shifting from your
- Brokers help you evaluate the ‘terms’ and ‘service’ you are enjoying today vis-à-vis the
- Brokers help you Brokers represent the client, not the insurer
- Brokers provide several Other Services like Policy Audit, improvement in coverage,