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What services does a broker provide?

In general an insurance broker would:
» Provide pre sales and after sales service to customers
» Provide relevant information to the underwriters for risk assessment and ascertain the premium
» Structure product and design covers that meet the specific requirements of customers
» Recommend risk improvement and loss minimization measures
» Provide a collection of Premiums
» Provide risk management and insurance education.

NON LIFE INSURANCE - FAQ :

What are the different ways to buy general Insurance?
What is the difference between an Agent and a Broker?
What should I look for in an agent?
Is it necessary to buy insurance through an agent?
What services does a broker provide?
What factors affect the cost of Insurance?
What is Underwriting?
What is Reinsurance?
Who do you file your claim with?
What are the things to be taken care of while filing a claim?
What happens after a claim has been filed?
What impact does a deductible have while settling a claim?
Who keeps an eye on the Insurance companies?
   
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