From the earliest times insurance has evolved on an ad-hoc basis – one form of insurance came up as and when the need for it was felt. Probably the earliest form of insurance was practiced by the Babylonians about 3000 years back when the merchants, especially the sea merchants, would insure their wares against risk. Modern form of insurance started with the Great Fire of London in 1666 when Nicholas Barbon started insuring buildings against fires. Lloyd’s, which arose at about the same time, specialized in marine and related insurance. Thus, when some insuring agency came up, it provided insurance in only one or few related areas. In fact, in some jurisdictions insurers are forbidden to offer more than one type of insurance. However, lately and in some countries, multiple types of insurance are being offered.
Multi-line insurance is the preferred name of such umbrella insurance agencies that provide various types of insurance under a single roof. This has many advantages. Earlier if you wanted to insure your house as well as your car which was in your garage, you would have had to go to two insurers. But with a multi-line insurance agency, one can get insurance for the car, the house and everything else besides. In some countries life insurance is still treated as separate where other types of insurance are grouped as ‘general insurance’. In multi-line insurance, all such general insurance requirements are fulfilled.
This section of the website guides you with links to many such multi-line insurance operators to satisfy your varied insurance needs.