Financial Insurance Companies
Financial Insurance Companies are a special section of the elite insurance companies that specialize in providing insurance cover to financial institutions. In this time of global recession such companies are making having a much easier time than others. Since the markets are unpredictable and both investor and entrepreneur is apprehensive of tomorrows market the businesses houses will definitely prefer to get insured against any eventuality. Life insurance, health insurance etc are individual needs but financial insurance is the need of an organization.Mostly the outsourcing consultants and export houses who deal primarily with foreign clients are opting for such insurance covers.
Some of the companies providing insurance for organizations eventually manage to get to the individual employees with the trust they build with the company. In other cases as a mutual understanding between the client company and the insurance company the companies include life and health covers in the pay package of their employees. We have seen a good growth in the insurance sector contrary to the slump in other sectors.
Some of the major Financial Insurance companies in market today are listed below.
Financial Guaranty Insurance Company Provider of financial guaranties for a variety of debt securities.(www.fgic.com)
AIG, USA AIG insurance products and services www.aig.com
Genworth Fianacial Genworth Financial offers insurance products and financial management services www.genworth.com
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