In order to deliver superior solutions to the clients, the leading regional insurance and risk management brokerages in the state of Northern California are of the firm opinion to have the best practices in place. The best practices ensure that the insurance company provides the right kind of solutions that go beyond the expectations of their clients. The main objective of the insurance companies is to provide insurance the right way. This would ensure that the future of their clients is secure.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedgeagainst the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraisingand controlling risk, has evolved as a discrete field of study and practice.