{"id":15528,"date":"2016-07-19T13:00:45","date_gmt":"2016-07-19T11:00:45","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=3143"},"modified":"2025-09-11T14:55:29","modified_gmt":"2025-09-11T12:55:29","slug":"the-5-differences-between-insuring-with-a-broker-or-a-bank","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/las-5-diferencias-entre-asegurarte-con-una-correduria-o-la-banca\/","title":{"rendered":"The 5 differences between insuring with a brokerage or a bank"},"content":{"rendered":"<p>We have been observing a progressive trend in which, day after day, our bank offers us all kinds of insurance. In response, we should tell them that, instead of doing that, they could reduce the fees they charge us... Today we are going to explain <strong>what reasons justify underwriting your policies with an <a href=\"https:\/\/pibgroupiberia.com\/en\/\">professional insurance brokerage<\/a><\/strong>, in front of the bank.<\/p>\n<h2>What is an Insurance Brokerage?<\/h2>\n<p>An insurance brokerage, for those who are unclear, is an \u00ab<em><strong>mediator<\/strong><\/em>\u00bbThe role of the insurance company is to <strong>stand by the insured person to defend him or her <\/strong>against the company at all times. That is, the insurance broker:<\/p>\n<ul>\n<li><strong>advises us on recruitment<\/strong> of the policy, being able to offer us our insurance with several different companies and,<\/li>\n<li>once contracted, <strong>in the event of a claim<\/strong>, The broker will handle the insurance and defend the interests of the insured when the company may cause problems for the client.<\/li>\n<\/ul>\n<blockquote><p>This better service <strong>does not mean that a broker's policy is more expensive.<\/strong><\/p><\/blockquote>\n<p>We have a significant volume of customers, the company allows us to make <strong>discounts up to 40%.<\/strong> They are even cheaper than taking out the policy directly with the insurance company (as they value the good image and service offered by the insurance broker). We have already seen, in a study which is repeated year after year, how an insurance<a href=\"\/en\/blog\/life-insurance-is-30-times-more-expensive-at-the-bank-than-at-the-insurance-company\/\">\u00a0life insurance is cheaper at a company than at the bank.<\/a>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-3492\" src=\"\/wp-content\/uploads\/2016\/07\/ventajas-correduria-banca-seguros-1024x576.jpg\" alt=\"Best insurances in a brokerage\" width=\"949\" height=\"534\" \/><\/p>\n<h2>Added value of the Insurance Brokerage<\/h2>\n<p>Having said that, and having understood the role of the insurance broker, let's look at the differential advantages that make us the best allies of the client:<\/p>\n<h3>The professional insurance broker is dedicated solely to that, to the insurance sector.<\/h3>\n<p>All their training, their day-to-day work and their efforts are focused on managing policies and handling claims. Quite different from banks, which can sell you a credit card, offer you a loan or even sell you crockery.<\/p>\n<p>The <strong>professionalism<\/strong> is the first difference, along with the <strong>expert advice<\/strong> of an insurance broker.<\/p>\n<h3>For the insurance broker, his client is not just a simple number<\/h3>\n<p>When the insured calls, he or she is <strong>personalised service<\/strong>, The point is that, thanks to point one, we know our policyholders.<\/p>\n<p>In banks, however, this is often not the case. Now they focus on insurance as tomorrow they may focus on offering telephone tariffs. Their interest is the number of policies that their entire commercial network sells per week, and the profit and loss account at the end of the year.<\/p>\n<p>They do not focus on the customer, but on the benefit they can generate for the customer.<\/p>\n<h3>The defence of the insured against the company is carried out by the insurance broker.<\/h3>\n<p>Not so with the bank employee who has sold you a policy. It has happened to us on many occasions:<\/p>\n<ul>\n<li>A customer of ours receives a cheaper offer on his insurance from the bank, and switches.<\/li>\n<li>When you go to make a claim, you go to the bank employee and explain what has happened. He tells you that there is a telephone number on the policy that you can call and the company will be there to help you.<\/li>\n<li>The angry client, who was used to being helped with claims handling, comes back to us for the <a href=\"\/en\/blog\/four-reasons-to-have-my-insurance-with-a-brokerage-company\/\">better treatment received with the Brokerage<\/a>.<\/li>\n<\/ul>\n<h3><img decoding=\"async\" class=\"aligncenter wp-image-29139\" src=\"https:\/\/pibgroupiberia.com\/wp-content\/uploads\/2016\/07\/servicio-correduria.jpg\" alt=\"Service with the insurance broker\" width=\"920\" height=\"612\" \/>Customer service hours are better<\/h3>\n<p>Most brokerages are open morning and evening. In a bank that is unthinkable. In the afternoon is when our clients are usually free and can come to see us and discuss with us any possible incidents or any questions about their insurance.<\/p>\n<p>In our case we open <strong>continuously from 8.30 a.m. to 6 p.m.<\/strong> (unlike any bank, which is open from 8.30 a.m. to 2.30 p.m.), almost 10 opening hours as opposed to 6 hours.<\/p>\n<blockquote><p>This improved and increased availability translates into a <strong>better service<\/strong>.<\/p><\/blockquote>\n<h3>Our business structure is much simpler than that of a bank.<\/h3>\n<p>This means that it is simpler to do business with us, as opposed to the complexity it can be in an institution with thousands of employees.<\/p>\n<p>With us, one person will handle your case, from start to finish, fighting with the company to get your case resolved.<\/p>\n<p>In one bank they refer you to one place, then another, and maybe in twenty minutes you can talk to whoever you need to talk to. Who hasn't wanted to close an account at some time and has gone through three branches before they managed to do so? That's what we mean...<\/p>\n<h2>How to contact our Insurance Brokerage<\/h2>\n<p>How many times has it happened to us that when we wanted to do something in the afternoon at the bank, we found it closed. Or we have sent an email and not received a reply for days.<\/p>\n<p>With PIB Group Iberia you can\u00a0<strong>contact through all these channels:<\/strong><\/p>\n<ol>\n<li>E-mail address<\/li>\n<li>Telephone<\/li>\n<li>WhatsApp<\/li>\n<li>In the office, morning or afternoon<\/li>\n<li>App<\/li>\n<li>Social Media: Facebook, Twitter or LinkedIn<\/li>\n<\/ol>\n<p>In addition, the advantage is that the people who appear in the section of our website of \u00ab.\u00ab<a href=\"\/en\/corporate\/our-group\/who-we-are\/\">who we are<\/a>\u00abYou can put a face to us and know who you are talking to.<\/p>\n<p>We hope this information has helped you to get to know the service we can offer you. If you would like to get to know us better and enjoy the advantages of a brokerage company as opposed to a bank, please give us a call.<\/p>","protected":false},"excerpt":{"rendered":"<p>Veamos qu\u00e9 diferencia a los Corredores de seguros de la banca seguros: precios, servicio, contacto&#8230;<\/p>","protected":false},"author":14,"featured_media":15529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[15,16,152],"tags":[164],"class_list":["post-15528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-empresas","category-particulares","category-profesionales","tag-corporativo"],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/15528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/comments?post=15528"}],"version-history":[{"count":0,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/15528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/15529"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=15528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=15528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=15528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}