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BROKERAGE

What does it mean?

 

In our opinion;

An insurance broker, acting parallel with the worldwide standards, takes place next to the customer instead of the insurance companies.

 

 The insurance brokers act differently than the agents by being the representative of the customers, helping them to choose right kind of company and preparation of their policies and following up on their rights once it becomes in effect.  Brokers have the freedom to move around the insurance companies to get the right quotes for their customers’ even it is as small as a quotation for comprehensive auto insurance. With this reason they are a lot closer to the insurance companies then the customers as well as finding out what they have to offer and what the competition is doing.

 

On the same level, they work with independent experts in behalf of the customers, to establish an extensive report for type and size of risks. Consequently, brokers can offer alternative plans that will be out of the risk areas for their special needs.

 

In summary there are three basic steps that the brokers follow for their customers benefit;

  • Making analysis in behalf of the customer and getting the information for their policy
  • Accessing the data and getting the most fitting insurance for the customer
  • Help the customer in anyway during claims process.


 



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