In Singapore, an insurance broker serves as a guide for consumers navigating the maze of insurance offerings. They demystify the often intricate terminologies used by insurance firms, ensuring clarity for clients. Through their expertise, they help clients tailor insurance solutions to their specific requirements, ensuring optimal coverage and understanding.

While both insurance agents and brokers aid you in securing insurance, their allegiance varies. Agents are primarily ambassadors of specific insurance companies, focusing on their singular product lineup. In contrast, brokers act as advocates for customers, scanning multiple providers to find the most fitting policy options.

In Singapore, an insurance aggregator refers to an online portal where users can evaluate and buy policies from several insurance providers simultaneously. Such platforms showcase a diversity of insurance offerings, encompassing areas like travel, health, and automobile insurance, among others.

By presenting options from different insurers, these aggregators simplify the process of contrasting policy terms and pricing, enabling consumers to pinpoint the ideal coverage for their specific requirements and financial considerations.

SME Care’s cutting-edge platform stands out as a unique aggregator focusing on employee benefits, especially for businesses seeking group health insurance packages. We’re also in the pipeline to introduce additional functionalities, streamlining policy comparison for everyone.

While brokers don’t directly sell insurance, collaborating with them can guide you to cost-effective policies tailored to your requirements.