To put it simply, an insurance broker is a professional adviser who represents you, the consumer, not the insurance company. Their main goal is to find you the best insurance policy for your needs by comparing different rates, coverage features and companies. 

You may be asking what the benefit is in using an insurance broker rather than an insurance agent who works for a specific company. To begin, an insurance broker works on your behalf, finding you the best package and price, whereas an agent has ties to the specific company they work for and can only offer you a policy with that company. 

An insurance broker can also help you as an individual or your business in evaluating what type(s) of insurance is needed. For example, if a business is looking for insurance, a broker will offer expert advice regarding the risks associated with the particular business and will have access to various insurance policies, benefits and any possible exclusions. 

So ask yourself 'What is an Insurance Broker?' and 'Do I Need an Insurance Broker?'  

Having the right insurance coverage relieves any unnecessary stress if you are faced with an accident, illness, or liability claim. Because there are many types of policies, premiums and limitations, you can get easily confused or possibly wind up with insurance that doesn't offer you enough coverage. This is where an insurance broker is invaluable. 

A full-service insurance broker deals with various types of insurance, including full-time and short-term private medical insurance, disability income protection, property and liability insurance, group, travel and life insurance, among others. Your insurance broker will help explain insurance “lingo” and determine the best carrier for your budget, circumstances and coverage needs.

MHG is a well-known full-service brokerage company that works for you, the client. With plans specifically designed to meet the needs of marine officers, crew, contractors, expatriates, US residents and business owners. They will research which insurance plan will work best for you or your business, they will build a relationship with you, and they will continue to be involved after you make your insurance purchase. 

MHG is known for offering sound advice when a client has questions pertaining to their policy or the claims process. The company also understands the unique needs of individuals or groups at sea. If you are in need of full-time medical insurance, life, travel, disability, group insurance or a different type of policy, an experienced and trusted insurance broker will cut through the red tape and find the best rate and policy available.  

Whether you are on land or at sea, MHG’s resources, professionalism and expertise have earned them the reputation of distinguished insurance brokers, with offices in Fort Lauderdale, Cote d’Azur, Isle of Man, and Hamburg to better serve you.

A common question asked by most business owners is whether or not they really need business, or commercial insurance. Considering that you and your business will face some form of liability or risk frequently, it is important to recognize and be aware of your exposure to these risks. From an employee’s on-the-job injury, to accidental damage to the property of a client or third party, to potential lawsuits, the possibility of encountering a variety of situations in which your business could be held liable is very real.

Accidents will happen, and the size of your business should not limit your ability to protect it. Depending on the type of business you run, there is a business insurance plan to meet your coverage requirements. Don’t make the costly mistake of believing that business insurance is just another money pit, it is paramount to the longevity of your business and livelihood that you secure adequate protection for your company.

MHG Insurance is an independent broker with resources and contacts that enable us to work with a variety of insurance carriers to obtain the best property and liability insurance for you and your company. We offer a complete line of business insurance solutions. When you choose MHG for your commercial insurance coverage, we will analyze the unique needs of your business to secure the best plan for you. We offer a complete line of business insurance solutions, including:

• Property insurance
• Liability insurance
• Crime insurance
• Business interruption insurance
• Ransom insurance
• Worker’s Compensation insurance
   

Please visit the commercial insurance section of our website for a full list of available coverage options, or contact MHG’s commercial insurance experts. Be prepared for the unexpected – protect your business and personal assets today!