Advantages of insurance brokers Insurance brokers

(1) integrated services. Insurance brokers can provide customers with all-round, whole-process and expert services from risk assessment, risk analysis, risk prevention and risk transfer to post-disaster loss prevention and claim settlement, as well as value-added services such as leasing, guarantee and project financing, which can greatly expand and deepen the traditional services provided by insurance companies, greatly reduce the possibility of omissions and mistakes in risk management, and avoid customers wasting a lot of resources in risk management areas where they do not have advantages. In particular, the risk situation faced by customers is complex and changeable, so the intervention of insurance brokers is very necessary. (2) reduce costs. With its special market position, insurance brokers can help customers get reasonable and adequate insurance protection and effectively reduce insurance costs. Because insurance brokers are proficient in insurance technology and familiar with the operation mode of the insurance market, they can fully consider the actual situation of the insured enterprises and tailor the most suitable insurance scheme for the enterprises, so that customers can obtain adequate insurance protection with scientific and reasonable insurance conditions. If necessary, insurance brokers can also help customers arrange insurance plans in the international market. In addition, insurance brokers can improve the risk status of customers' insurance targets through risk management, and it is easy to obtain more favorable underwriting conditions; Insurance brokers generally have unobstructed inquiry channels with many insurance companies in the insurance market, and through the market competition mechanism, the rate can be reasonably reduced. In fact, because insurance brokers have a large number of customer resources, insurance companies often give insurance brokers extra rate concessions in order to expand market share. (3) Reduce insurance risks. On the one hand, insurance brokers, as customer representatives, can use their professional knowledge to put forward different opinions on the unreasonable behavior of insurance companies in time to prevent insurance companies from using their unequal professional and technical advantages to harm the interests of customers. On the other hand, in law, insurance brokers represent the interests of the insured. If losses are caused to the insured due to the fault of the insurance broker, the insurance broker shall be liable for compensation.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.