Insurance mediators are professionals who act as intermediaries between insurers and customers. Its main function is to provide guidance in the selection and recruitment of Sure.in addition to providing support during the life of the contract and in case of claims. There are two types of insurance mediators: agents and brokers. In this article we will explain to you what each of these two figures consists of as well as the main differences between these two types of mediators.
Types of insurance mediators
There are two types of insurance mediators:
1. Insurance agents
An insurance agent is a mediator who works on behalf of one or more insurers, depending on the type of contract he has with them. They're the «commercial face» the insurers, in charge of offering their products to the customers. In turn, insurance agents can be of two types:
-
Exclusive agents
They represent only one insurance. They offer only the products of this insurer and have a deep knowledge of the policies they market, but they cannot recommend products of competition.
-
Related agents
They represent several insurers. They can offer a greater variety of products, although their relationship with insurers remains of direct collaboration.
Insurance agents are specialists in the products of insurance companies that they represent but have a limited capacity to offer alternatives. They're some kind of insurance mediators you can turn to.
2. Insurance brokers
An insurance broker is a type of independent insurance mediators that is not linked to any insurer. Its independence allows it to analyse the customer's needs in an impartial manner and to offer solutions from different insurers, always looking for the most suitable option for the customer.
The insurance brokers carry out a detailed analysis of the customer's needs, can compare products from several insurers to find the best option and thus advise the customer impartially, prioritizing their interests over those of any insurer. The insurance broker can accompany the customer throughout the life of the Policyfrom the contract to the settlement of claims.
Advantages of insurance corridors
- They offer personalized and independent advice.
- They provide access to a wide range of products from different insurers.
- They represent only the interests of the client.
Limitations on insurance corridors
- They may have less detailed knowledge of the products of a specific insurer, as they work with several.
- Your service may have an additional cost in some cases, depending on the terms of the contract.
Differences between the two types of mediators
| Appearance | Insurance agents | Insurance Corridors |
|---|---|---|
| Relationship with insurers | They represent one or more insurers. | They are independent; they are not linked to any insurer. |
| Advice | Focused on the products of the insurers they represent. | Fully impartial, based on the needs of the client. |
| Variety of products | Limited to the insurers they represent. | Wide, with access to multi-insurer products. |
| Regulation | They work under direct contract with insurers. | They require registration as runners and a specific degree. |
| Interest represented | They represent the interests of the insurer. | They represent the customer's interests. |
The two types of mediators, agents and corridors, are essential pillars in the insurance sector, each with a different approach to customer care. The insurance agents the specific knowledge of the insurers they represent, while the insurance brokers They shine by their independence and ability to compare options in the market. Both play complementary roles that enrich the customer's experience, ensuring that they find the coverage more suitable to protect what they value most.
inXur, insurance mediators at your service
In inXur we are insurance mediators and we are at your service
1. Simple and transparent
We speak your language, we understand you because we are people with your own doubts and concerns. We give you the information in a transparent way so that it is understood, as we would like to be given it to us. You have absolute control of what you hire.
We implement the best digital practices and offer you security, speed, confidence and the best price: you hire just what you need.
The insurers fight for their business, we fight for you: we are always on your side and we defend you.
2. Our customers are our priority
We advise you professionally and impartially and help you find the insurance you really need and at the best possible price. People who think like you and work to fix everything related to your insurance. You can change insurance in each renewalWe help you find the best policy every year. We hope to give you the best service and the best price and you choose to stay.
We take care of you: we process your procedures and applications with the insurer, we don't bother you with unnecessary procedures and calls and we always give you a solution.
All our services are completely free for you.
3. Rapidity, efficiency and continuous improvement
We know that our customers' time is worth gold, so we work to be quick in response and efficient in solution.
For that, we have the best team of people willing to help you over the phone, Whatsapp, email... you choose.
We always invest in the best technology so you can manage all your insurance from your cell phone wherever and whenever you want. Access your virtual client office and manage whatever you need.
In inXur we believe in the good work of both types of mediators, agents and runners. However, as runners we will offer you a wider service that we believe will be more complete and better.
If you need it, contact us.
In inXur we will explain everything about you Policy And you premium, so you have all the information and you can always make the best decision that suits your needs and those in your pocket.
Remember, if you prefer, you can also contact us on the phone by calling us on 911982330, sending us a Whatsapp to 660839546 or sending an email to clientes@inxur.com.
Our working hours are from Monday to Friday from 9.30 a.m. to 6.30 p.m. If you contact us outside this schedule, we will manage your application as soon as possible on the next working day.
