What is an insurance brokerage and how can it help you?

An insurance brokerage is a team of professionals who act as intermediaries between clients and insurance companies. Their job is to objectively analyze the options available on the market to offer the insurance that best suits each client’s needs, thus guaranteeing the best coverage and terms.

Insurance brokers, also known as “insurance agents”, advise both individuals and companies on purchasing all types of insurance. They also handle and process claims, ensuring their clients receive the necessary support in case of an incident.

Although both act as intermediaries in the insurance process, there is a key difference:

• Insurance broker: works independently and is not affiliated with any insurance company, allowing them to offer impartial and personalized advice.

• Insurance Agent: Represents one or more insurance companies and markets their products, which can limit the options available to the client.

Having an insurance broker offers numerous advantages:

• Impartial and expert advice, always looking out for the client’s interests.

• Time savings, as they compare and select the best options on the market.

• Claims management, facilitating all procedures in case of incidents.

• Negotiation of better policy terms, optimizing coverage and prices.

When you contract an insurance through a broker, the broker works in your favor to offer you the best terms and facilitate the management of your policy. Their main services include:

• Comparison of offers between insurance companies, analyzing coverage, prices, and service quality.

• Single point of contact, simplifying communication and procedures with the insurance company.

• Professional advice, helping you choose only what you truly need.

• Claims management, guaranteeing efficient processing and protecting your rights.

• Save time and money by negotiating more competitive rates at no extra cost to you.

Purchasing insurance through a broker won’t cost you more. At CINC Insurance Brokerage, we have a team of experts ready to provide independent advice and help you find the best policy for you. Contact us to request a quote or answer any questions without obligation.