Q. Who is an Insurance Broker?
A. 1. A professional firm licensed by the Uganda Insurance Commission
2. Appointed by the client to manage and service their insurance requirements
3. Represent at all times interests of the client
Q. Why use an Insurance Broker?
A. 1. Brokers are independent from all insurers
2. They represent and protect the interests of clients
3. They provide professional, impartial and objective advice
4. They identify, analyze and evaluate risks
5. They design a customized Insurance programme for each client
6. They negotiate competitive insurance contracts and placing risks
7. Provide risk management services so that the insured is not cheated
8. Analyze the claim and negotiate speedy settlement
9. Provide updated information concerning the insurance market
Q. Do I pay more when I use an Insurance Broker?
A. You do not pay any extra premium by using an Insurance Broker
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