Thursday, 27 October 2016

Insurance broker


Insurance broker - an intermediary in the financial services market, which offers all kinds of insurance services on behalf of the insurance corporation to which it relates. In France, it established the first insurance company "Royal Insurance Company" in 1787, which was considered the continental joint-stock company. In 1827 it formed the first joint-stock community risk insurance in Russia.
Broker - is an intermediary. This term is used in many economic sectors. Brokering the beginning of its development in the CIS countries since 1986. More, the insurance process began with a cooperative association on a commercial basis with non-state form of ownership.
In modern conditions of insurance it is mandatory for motorists. The experience of Western insurance proceeds to us and starts to progress exponentially. Savings programs on pensions, savings programs for training in higher education, and other programs of accumulation of funds.
Insurance covers the mortgage market, the market of banking services, construction industry, health sector, as well as many other industries. Portfolio investments, ie, securities that hedge exchange traders are not at the expense of insurance companies and at the expense of stock options. Option - it is an insurance contract that obliges the trader to buy or sell a financial instrument at a particular time.
Shares of the largest insurance companies are capitalizing on the securities market. Work on the stock exchange is different from the normal operation of the factory, in the office.Exchange activity requires a completely different approach than any other type of activity.Many stockbrokers say that trading - it is the hardest profession in the world from an emotional point of view, but this phrase can be heard from builders, agriculturists, bankers. Everyone has their own bread.
The history of the money goes back to prehistoric times, when population growth has begun an exchange of goods and to replace barter exchange typed equivalent accumulation of payment - money.
To start insurance activities necessary to determine the availability of resources, capabilities, development vector. To open a brokerage license is required, office, experienced staff. Communicative function of communication in this field - the most important and fundamental. Appearance, the ability to predispose people - is the most important basic element of the functioning of the insurance activity