Why use an insurance broker

February 12, 2020

With the introduction of price comparison sites, business owners can find insurance quotes within minutes by answering a few simple questions. For someone who doesn’t have a lot of time or is looking for a cheap quote, these sites work well, but do they meet your insurance needs? Take a look at the infographic below to see why using an insurance broker could help secure the best deal for your business insurance.

Spotlight

Central Insurance Brokers

General Insurance Brokers, (est: 1980 by founding Director Phill Smith) Based in South Perth, WA (West Australia). Our focus is client rapport with Broker teams dedicated to specific clients ... YOU DON'T get bumped all over the office, you call your A/c Manager to respond with ownership and accountability. We are steadfast broker affording enormous value-added benefits to clients and staff.

Other Infographics
news image

WHAT ACCOUNTS FOR THE GROWTH IN PRIVATE HEALTH INSURANCE SPENDING?

Infographic | March 5, 2020

Hospital care is the largest contributor to commercial health insurance spending growth - 42% of the increase since 2016. The growth in spending due to hospitals is more than twice that of the growth due to physician services and administrative costs, and ten times that of prescription drugs and nursing care. Efforts to control spending should consider how drivers of spending growth are linked to better patient care and chronic disease management.

Read More
news image

Why Invest in Customer Care in Your Insurance Business

Infographic | March 6, 2020

Companies choose to outsource some of their business processes as it helps reduce operational costs. The outsourcing industry also created thousands of jobs to help people. In fact, a huge percent of the working class is working on various BPO companies around the world. If it has pros, it also has its fair share of cons which business owners can avoid if they take effort in choosing the right service provider.

Read More
news image

10 Disruptive Trends That Are Impacting The Insurance Industry

Infographic | February 3, 2020

10 Disruptive Trends That Are Impacting The Insurance Industry: As we move into a new decade, several risk trends are starting to emerge that could potentially disrupt the insurance industry.

Read More
news image

Why Does My Insurance Go Up?

Infographic | February 4, 2020

Do you know the difference between a Hard Insurance Market vs a Soft Insurance Market and the impact it has on your insurance rates? Check out the info-graphic below explaining the difference between the two. Soft insurance markets tend to lead to good conditions for buying insurance, while hard markets tend to lead to the opposite or bad conditions for buying insurance, IE higher costs. What market are we currently in you ask? In short, we are currently in a soft insurance market that is beginning to harden.

Read More
news image

Insurers and Consumers in Covid-19 Markets: Too Many Missed Connections

Infographic | April 14, 2021

Although the covid19 spread and the subsequent lockdown imposed will adversely impact the life insurers business in the short term, but with likely a change in consumer behavior and rise in demand for pure protection products given the uncertaninties, the medium term to long term impact may turn out to be positive for them. Insurers can do more to retain customers who are looking to switch providers.

Read More
news image

7 Warnings About Guaranteed Issue Life Insurance

Infographic | February 28, 2020

Think of this as your overview to GI. Guaranteed issue policies are unique, so you will want to have a clear understanding of what you are buying. There are 7 important warnings you need to know about guaranteed issue life insurance.

Read More

Spotlight

Central Insurance Brokers

General Insurance Brokers, (est: 1980 by founding Director Phill Smith) Based in South Perth, WA (West Australia). Our focus is client rapport with Broker teams dedicated to specific clients ... YOU DON'T get bumped all over the office, you call your A/c Manager to respond with ownership and accountability. We are steadfast broker affording enormous value-added benefits to clients and staff.

Events