Companies offering a variety of personal, business, and industrial insurance policies.



A-Z Business Listings :



 
  • A.I.M. Mutual Insurance Companies

    At A.I.M. Mutual Insurance Companies, we are committed to setting the standard in service excellence. We are guided by our founding principles to stabilize workers compensation costs and make them predictable for Massachusetts and New Hampshire employers.

  • Arbella Mutual Insurance Company

    Arbella was founded in 1988 to provide business and personal insurance engineered for the unique challenges of New England life. While our marketplace has changed, our focus on New England customers remains as sharp as ever.

    Today, Arbella Insurance Group is a financially-strong, customer-focused regional group of property and casualty insurance carriers providing personal and business insurance in Massachusetts and Connecticut and business insurance in Rhode Island and New Hampshire.

  • Amica Insurance Company

    National mutual company offering insurance for auto, home, life, flood, and boat. Site offers online quotes for some of Amica's products.

  • Bright Insurance

    Since 1931, we've been successfully working to provide a home for your Massachusetts business and personal insurance needs. A primary reason for our success is that our customers know that we have their best interests at heart, and they know they can depend on us.

  • Commerce Insurance Company

    The Commerce Insurance Company provides personal and commercial property and casualty insurance in Massachusetts and New Hampshire. Our core product lines include personal automobile, homeowners, and commercial automobile insurance. In Massachusetts, Commerce Insurance is the leading provider of both private passenger and homeowners insurance and is the second leading provider of commercial automobile insurance. Commerce markets our products exclusively through professional independent agents who are conveniently located throughout Massachusetts and New Hampshire.

  • Daniel J. Guarino Insurance Agency Inc.

    The Daniel J. Guarino Insurance Agency helps both individuals and businesses in Massachusetts get the best coverage at the best rates.

    The Daniel J. Guarino Insurance Agency was founded in 1976 by Daniel J. Guarino. Since inception, the agency has been committed to excellence by providing high quality customer service to the people of Massachusetts. As a small agency with a dedicated, knowledgeable and experienced support staff, we are able to give our clients the advice, service and support they deserve. This in turn, enables us to develop long lasting, professional relationships with our clients in Greater Boston and all of Massachusetts.

  • Electric Insurance Company (EIC)

    Provides auto and home insurance nationwide. Self Service Center allows users to manage their policy and file claims online. Site offers insurance glossary and articles for consumers.

  • Fitts Insurance Agency, Inc.

    Fitts Insurance Agency, Inc. is a full service independent insurance agency offering insurance products and services for all walks of life including home, auto, boat and businesses.

  • Liberty Mutual Group

    A diversified financial services company, including a multi-line property and casualty company, a financial services company, and a life insurance company.

  • Malcolm and Parsons Insurance Agency

    Offering a complete line of insurance coverage for all of your commercial and residential insurance needs.

  • Massachusetts Association of Insurance Agents

    MAIA is the leading trade association for over 2,000 Massachusetts Independent Agencies and their estimated 15,000 employees.

  • Massachusetts Division of Insurance

    Monitors the solvency of its licensees in order to promote a healthy, responsive and willing marketplace for consumers who purchase insurance products.

  • Massachusetts Mutual Financial Group

    Financial services company providing life, annuities, disability income, long-term care, retirement, trust services, and money management products and services. Site offers product details, services, news, articles, and fund performance returns.

  • Paul Murphy Insurance Insurance Agency

    At Paul Murphy Insurance Insurance Agency, we are committed to excellence. We realize that as an insurance buyer, you want the right coverage at a great price. Our friendly customer service agents will walk you though the insurance shopping process, explaining every detail along the way. It is our Agency's intention to provide you with a comprehensive policy you are comfortable with and confident in.

  • Provider Insurance Group

    Founded in 1945, Provider Insurance Group is a Trusted Choice insurance agency that has grown over the past 60 plus years into a world class, client-focused organization. After a rigorous examination and fitness review of seventeen quality points, Provider was awarded the Five Star designation, which is held by less than 1% of insurance agencies in New England.

  • Rizzo Insurance Group of Massachusetts

    We are an independent insurance agency dedicated to providing our clients with personal service and superior insurance products. Our insurance experts will provide you with personal and business insurance solutions to protect every aspect of your life. Not only can we secure the insurance needs of your car and home, we also offer specialized insurance protection for your Massachusetts business including coverage for contractors and restaurants.

  • Safety Insurance

    Safety Insurance is a premier provider of Massachusetts auto, home and business owners insurance.

  • Travelers of Massachusetts

    We know selecting an insurance policy can be confusing. The options may seem endless. At Travelers of Massachusetts, we're dedicated to delivering personal attention and convenient one-stop shopping that meets all of your individual needs - and saves you money!



 
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Insurance :



 

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnify) the insured in the case of a large, possibly devastating loss. The insured receives a contract called the insurance policy which details the conditions and circumstances under which the insured will be compensated.

Insurance involves pooling funds from many insured entities (known as exposures) in order to pay for relatively uncommon but severely devastating losses which can occur to these entities. The insured entities are therefore protected from risk for a fee, with the fee being dependent upon the frequency and severity of the event occurring. In order to be insurable, the risk insured against must meet certain characteristics in order to be an insurable risk. Insurance is a commercial enterprise and a major part of the financial services industry, but individual entities can also self-insure through saving money for possible future losses.

Global insurance premiums grew by 3.4% in 2008 to reach $4.3 trillion. For the first time in the past three decades, premium income declined in inflation-adjusted terms, with non-life premiums falling by 0.8% and life premiums falling by 3.5%. The insurance industry is exposed to the global economic downturn on the assets side by the decline in returns on investments and on the liabilities side by a rise in claims. So far the extent of losses on both sides has been limited although investment returns fell sharply following the bankruptcy of Lehman Brothers and bailout of AIG in September 2008. The financial crisis has shown that the insurance sector is sufficiently capitalised. The vast majority of insurance companies had enough capital to absorb losses and only a small number turned to government for support.

Advanced economies account for the bulk of global insurance. With premium income of $1,753bn, Europe was the most important region in 2008, followed by North America $1,346bn and Asia $933bn. The top four countries generated more than a half of premiums. The US and Japan alone accounted for 40% of world insurance, much higher than their 7% share of the global population. Emerging markets accounted for over 85% of the world’s population but generated only around 10% of premiums. Their markets are however growing at a quicker pace.


 




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