| Types of Insurance Companies
:
Insurance Agent : Insurance agents people who
represent the insurance company and sell insurance to individuals
and businesses. Some agents represent several different insurance
companies and can provide many types of insurance for a business.
Other agents represent only one company or may sell only one type
of insurance, such as life or auto insurance.
Mutual insurance : Mutual insurance is a type
of insurance where those protected by the insurance (policyholders)
also have certain "ownership" rights in the organization.
These "ownership" rights typically consist of the ability
to elect the management of the organization and to participate in
a distribution of any net assets or surplus should the organization
cease doing business. Historically, insurance began in the USA through
a mutual (or cooperative) structure. Recently, some insurance companies
have gone through demutualization and become public companies in
an effort, among other things, to improve their ability to acquire
capital. Takaful is an Islamic form of mutual insurance.
Shelter Insurance :Shelter Insurance is a mutual
insurance company which focuses on Auto, Life, Home, Business, and
Farm coverage. It operates in fourteen U.S. states. The headquarters
is in Columbia, Missouri.
Insurance Risk Managers : Insurance Risk Managers
Ltd was established in 1995. It has grown over the past 10 years
to become one of Ireland's leading corporate insurance brokers,
dealing with all the major insurance companies such as Allianz,
AIG, AXA, Eagle Star, Hibernian, Quinn Direct and Royal & SunAlliance
and has agencies with Lloyds of London. Insurance Risk Managers
provides Professional Indemnity Insurance, Aviation Insurance, Marine
Insurance, Employers and Public Liability Insurance, Property Insurance,
Contractors All Risks and Commercial Motor Fleet. IRM's business
partner Insure.ie specialise in all classes of personal lines insurances
and annual travel insurance.
Jackson National Life Insurance : Jackson National
Life Insurance is a U.S. life assurance company that is a subsidiary
of the UK based insurer, Prudential Plc. Jackson is headquartered
in Lansing, Michigan, and has over a thousand employees in the region.
The Dai-ichi Mutual Life Insurance Company: The
Dai-ichi Mutual Life Insurance Company (?????????? Dai-ichi Seimei
Hoken Sogo-gaisha?), or Dai-ichi Life for short, is the second largest
life insurer in Japan measured by revenue, only behind Nippon Life
Insurance Company.It is also the oldest mutual insurance company
in Japan, founded on September 15, 1902.
Reliance Life Insurance Company Limited : Reliance
Life Insurance Company Limited is a part of Reliance Capital Ltd.
of the Reliance - Anil Dhirubhai Ambani Group. Reliance Capital
is one of India’s leading private sector financial services
companies, and ranks among the top 3 private sector financial services
and banking companies, in terms of net worth.
Reliance Life Insurance is another step forward for Reliance Capital
Limited to offer need based life insurance solutions to individuals
and Corporates in India. |