Surer conducts survey amongst insurance intermediaries with interesting findings

Surer recently conducted a survey to help us understand how we can serve insurance intermediaries better.

Here are some interesting findings from the survey that we would love to share!

Finding 1: 78% of Financial Advisors (FAs) and Composite Agents sell General Insurance regularly

Finding 2: Top pain point faced by insurance intermediaries is that of getting multiple quotes for clients due to multiple systems by insurers

Finding 3: The top 10 preferred General Insurance companies are…

• AIG Asia Pacific Insurance
• Liberty Insurance
• MSIG Insurance (Singapore)
• Sompo Insurance Singapore
• QBE Insurance (Singapore)
• Chubb Insurance Singapore
• Tokio Marine Insurance Singapore
• Allianz Insurance Singapore
• EQ Insurance Company
• Allianz Global Corporate & Specialty SE Singapore Branch

Profile of survey respondents: 52% Financial Advisors (FA) | 41% Composite Insurance Agents | 7% Tied Life Insurance Agents