2. Their business is different: the business of insurance intermediary companies is mainly insurance agency business, such as selling insurance products of several insurance companies and settling losses in case of accidents, but insurance companies are designers and insurers of insurance products.
Brief introduction of insurance intermediary company
Insurance intermediary companies, also known as "insurance brokerage companies", are the communication hubs between insurance companies and customers who are willing to buy insurance products. On the one hand, they cooperate with insurance companies to sell their products, on the other hand, they communicate with insured customers to find the most suitable insurance products, promote win-win transactions between buyers and sellers, and earn commission income from their services. Insurance intermediary companies are the result of the integration of market resources, which can greatly improve the transaction efficiency between insurance companies and policyholders, reduce costs and greatly promote the overall market development of the insurance industry.