Category: Insurance Broker

Mitigation Of Risk Through These 51 Hacks By An Insurance Broker

Mitigation Of Risk Through These 51 Hacks By An Insurance Broker

Always keep the Emergency number as your screensaver on your mobile. In case of any accident and you are unconscious, the people nearby will know whom to call without even need of unlocking your mobile Always check the validity of your driver license number online before hiring. Incase of an accident, if the license is […]

How to Choose the Right Insurance Broker

How to Choose the Right Insurance Broker?

Insurance brokers play a key role, sourcing policies and assisting with claims. Experience, capabilities, relationships, response times, and recommendations all factor into choosing the right broker.

Rethinking Global Mandates in Insurance Broking: A Case for Local Expertise

Rethinking Global Mandates in Insurance Broking: A Case for Local Expertise

In the dynamic realm of insurance broking, a noteworthy trend is emerging—the prevalence of global mandates. These agreements, forged between clients and brokers, commit clients to exclusively availing services from a designated broker globally. While such arrangements often rely on international relationships between brokers and their clients’ head office personnel, a critical question arises: Can […]

Bancassurance – The Cash Cow Myth Devolved

मेरी तफ़्तीश के ताजूरबे से कुछ सीख ग़ालिब, माथे की हर शिकन, किसी क्लेम की दास्तां बयान करती है!!! For those of us involved in the Indian insurance industry, the journey through Bancassurance has been nothing short of enlightening. Bancassurance – The Cash Cow Myth Devolved In the late 2000s, Bancassurance was heralded as the […]

Insurance Agent and Insurance Broker Commission Structure in India

Insurance Agent and Insurance Broker Commission Structure in India

The Government of India’s Insurance Regulatory Development Authority decides the insurance agent’s and insurance broker’s commission structure in India. The maximum commission in the general insurance business is paid in the motor insurance segment, whereas the minimum is paid in the group health insurance segment. IRDAI has set a cap on the commission payable under […]

future insurance

Ethika Insurance Analysis on Future of Health Insurance in India

Health insurance is a contract between the customer and insurance company in which the insurance company agrees to settle the hospitalization claim bill of the insured customer due to any insured illness or disease up to the sum insured mentioned under the policy in return for a considerable amount known as “premium”. As per the […]

Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging Broker

Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging Broker

Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging insurance broker. We like to thank ICICILombard for acknowledging us. Our focus on the happiness of our clients, employees and our partner drives us to success.

vector image of 2 people talking -Difference between insurance agent and insurance broker

Insurance Broker Vs Insurance Agent

I was traveling to Vizag by train. During journey the person beside me seemed very knowledgeable. We immediately became friends. During our conversation, he asked me, what I do for a living. I said, “I am an insurance broker”. His attitude toward me immediately changed. He hardly spoke to me later. “What happened ?”, I […]