What is an insurance brokerage company and what does its business scope include?

An insurance brokerage company is an insurance intermediary agency that provides intermediary services for the insured to conclude an insurance contract with the insurer based on the interests of the insured, and collects commissions according to law.

The activities and starting points of insurance brokers are all for the interests of the insured. Unlike insurance agents, insurance agents are for the interests of insurance companies.

The business scope of an insurance brokerage company is: 1. To provide the insured with consulting services such as disaster prevention and loss prevention, risk assessment and risk management for the purpose of concluding insurance contracts.

2. Draw up insurance documents for the insured and go through the insurance formalities.

3. To inspect and claim for compensation on behalf of the lessee for the insured or beneficiary.

4. claim compensation from the insurance company for the insured or beneficiary;

5. Reinsurance brokers rely on their special intermediary status to find suitable buyers (sellers) for the original insurance companies and reinsurance companies, and arrange domestic entry and exit business or international entry and exit business;

6. Other businesses approved by the insurance regulatory agency.