Insurance Brokers And Providers
What is the difference between an insurance broker and a direct provider?
A direct provider is the car insurance company who provide the policy, and example of which is Aviva.
An insurance broker is an individual or a company who search the market on behalf of a person shopping for an insurance policy in order to find a suitable deal to suit their needs. A broker will be limited by the number of insurance companies that they have relationships with. Tiger.co.uk compares quotes from over 100 insurers and brokers.
It is worth noting that insurance companies will sometimes have a number of insurance brands. An example of this is Admiral Group who are an insurance company who manage several insurance brands including; Admiral, Bell, Diamond, and Elephant.co.uk.