Most Trusted Insurance Broking Companies Of India-2022
The latest edition of Most Trusted Insurance Broking Companies of India 2022 highlights the crown-leading company Elite General Insurance Brokers Private Ltd, providing varied services for businesses worldwide.
The latest edition of Most Trusted Insurance Broking Companies of India 2022 highlights the crown-leading company Elite General Insurance Brokers Private Ltd, providing varied services for businesses worldwide.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Editor’s Note
INSURANCE
BROKERS,
YOUR ONLY
TRUSTED
ADVISORS
n India as well as globally, insurance is amongst one of
Ithe fastest-growing industries. Primary insurance
products and services like Life, Health, Travel, etc.
have continuous upward growth and their recent industry
figures show their immense potential in the market.
The Indian Insurance industry saw a surged gross premium
earning in recent years, especially during and post the
pandemic. However, according to IRDA, the insurance
penetration across the country is a meagre 3.7% of the gross
domestic product (GDP) of the economy.
In India, the product distribution of insurance occurs
through various direct and intermediary channels.
Intermediary channels consist of agents, bancassurance,
brokers, retailers, and many more. Amongst these, all the
other channels except Insurance Broking represent the
insurance company or the insurance.