WHY CHOOSE US

WHY USE AN INSURANCE BROKER ?

Insurance broker represents the insurance buyer, and not the insurance company (insurance seller), though the remuneration of insurance broker is paid
and borne bythe insurance companies. There is no additional cost to the insurance buyer for placing business through insurance broker.
Insurance brokers have been introduced into the Albanian market by insurance regulatory and development authority as professionals, Who Will truly
represent and service the interests of insurance buyers.

Insurance brokers have qualified and experienced insurance experts and can buy insurance for their clients at the most competitive
premium rate and terms, Insurance brokers provide a package of services to the insurance buyer, including post-insurance services as well as assisting in
submission of claim documents to insurance company. Please see annexure for functions of insurnce brokers

Insurance brokers have to obtain licence from the AMF before they carry on insurance broking in Albania and the operations of insurance brokers are
monitored and controlled by AMF a copy of code of conduct prescribed by AMF. for insurance brokers is enclosed.

Insurance brokers are different from insurance agents. Insurance agents represent a given insurance company, and not the insurance buyer. Thus, insurance
agents sell the insurance policies of a given insurance company, taking care of the interests of the insurance company (insurance seller), and not of the
insurance buyers

Insurance brokers are professionals and represent the insurance buyers Only, and not the insurance company. Insurance broker can place the insurance Of
his client with any insurance company, in the best interest of the insurance buyer. Thus, the insurance broker is a single window solution for all insurance
problems of the insurance buyer with all insurance companies.

Importance of role of Insurance broker in the emerging scenerio of the "detarrifing"

For the last several decades, the insurance premium rates (in other words the prices) for traditional and/or statutory insurance covers in the Fire, Engineering,
Motor, Workmen's Compensation, etc, departments have been controlled by Tariff Advisory Committee Of Govt. Of India through "FIRE TARIFF", "ENGINEERING TARIFF",
"MOTOR TARIFF", *WORKMEN'S COMPENSATION TARIFF', ETC These insurances are known as "Tariff Insurance covers".

Now that the Government of India have embarked upon insurance reforms and thrown open the insurance sector to private players, sooner rather than later,
the above described administered price mechanism through TARIFFS will give way to a NON-TARIFF regime, whereby the premium to be charged for any
given insurance cover will be negotiated and fixed between the insurance company and the proposer by considering the risk exposures, past claims
experience, risk improvement measures adopted, etc. on a more scientific basis

THUS, WITHOUT ANY EXAGGERATION, WE MAY BRING TO YOUR KIND ATTENTION AND NOTICE THAT ALL BUYERS OF INSURANCE LIKE THE PRIVATE
LIMITED / PUBLIC LIMITED CORPORATES, STATUTORY CORPORATIONS OF THE CENTRAUSTATE COVTS„ PARTNERSHIP FIRMS, CHARITABLE
INSTITUTIONS, INDIVIDUALS, ETC. WOULD NEED TO USE PAOFESSIONAL INSURANCE BPOKEQS, BECAUSE BuyiNG INSUQANCE THQ0uCH INSUQANCE
BROKER IS A WIN-WIN SITUATION FOR ALL INSURANCE BUYERS.

SO, Oug DEAR INSURANCE BUYERS, KINDLY BE AWARE OF THE FIERCE COMPETITION IN-BETWEEN THE INSURANCE COMPANIES FOP SELLING THEIR
INSURANCE POLICIES TO YOU. aux, OUR DEAR INSURANCE BUYERS, DO NOT BE TAKEN UNAWARES, BECAUSE INSURANCE IS A HIGHLY SPECIALISED
SUBJECT REQUIRING PROFESSIONALS TO ASSIST YOU. APPOINT YOUR INSURANCE BROKERS ay GIVING THEM MANDATE TO NEGOTIATE ON YOUR
BEHALF, WITHOUT ANV ADDITIONAL COST TO YOU. YOU WILL DEPIVE IMMENSE BENEFTIS IN TEAMS OF COVERACE, PQEMIUM, ETC.

SET AN INSURANCE
POLICY REMINDER

We are also authorized to do insurance claim consultancy
, Risk Inspection and a gap analysis report for our
clients. A broker represents a policy holder and not
the insurance company