Mutual Insurance

October 12, 2023 4 min read Definitions

Mutual Insurer Policy in General Insurance Terms

Insurance Finance Risk Management General Insurance Terms Mutual Insurer Policy Insurance Models Policyholders Mutual Insurance

Understand the essentials of a mutual insurer policy, a type of coverage written by an insurer that operates without incorporated capital belonging to the policyholders yet remains an incorporated entity.

October 6, 2023 4 min read Definitions

Understanding Cooperative Insurance in General Insurance Terms

Insurance Risk Management Cooperative Models Cooperative Insurance Risk Sharing Trade Unions Mutual Insurance Community Insurance

Explore the concept of cooperative insurance, a policy typically issued by associations such as trade unions, and discover how it functions in the realm of general insurance.

October 4, 2023 4 min read Definitions

Understanding Reciprocal Insurance Exchange | General Insurance Terms

Insurance Risk Management General Insurance Terms Reciprocal Insurance Risk Sharing Mutual Insurance Subscribers

Learn about Reciprocal Insurance Exchange, a unique arrangement where unrelated individuals, known as subscribers, come together to insure each other, sharing the risk through an attorney in fact.