An insurance consultant or insurance broker as they are most commonly known as, are an essential and unavoidable part for all the companies in the current market scenario. With the growing uncertainties in the market, insurance consultants identify the organizational requirements and after conducting proper study they offer, negotiate, and sell the most suitable insurance policies to protect both businesses and individuals. Insurance consultants assist both companies and individuals to choose the best life, health, property and casualty insurances. These consultants not only help their clients in choosing the policies that are most suitable for them but also helps them in reducing their risk which includes both natural calamities and manmade losses. The domain expertise and industry experience allow insurance consultants to analyze and suggest the most desirable policies that align perfectly with the requirements of their clients.
Today, Indian insurance industry has 57 insurance companies, out of which 24 are in life insurance business while 33 are non-life insurers. With vast options to chose from, insurance consultants are the experts when it comes to negotiating with the insurance companies and thereby providing the best terms and premiums to their clients. At the time of loss or damage, insurance consultants offer various other services including help with documentation as well as presenting the case in the most authentic way so that the entire procedure of claiming the insurance is completed seamlessly. These consultants maintain good relationships with not only the insurance companies but also with surveyors, engineers, photographers, and other financial institutions that allow them to offer their clients with needed services as and when required. An expert insurance consultant helps you in various aspects including claiming assistance, resolving benefits issues, and other consulting services. To highlight and bring forward the importance of having the most suitable insurance consultants, we at Consultants Review magazine have come up with the list of ‘10 Most Promising Insurance Consultants - 2020’. This carefully curated listing features some of the premier consultants that have been put together after thorough inspection by industry experts, and analysts including Consultants Review’s editorial board.