Definition: Sure, here's a simple explanation: 1. Insurance group name: This refers to the organization or company that offers insurance products or services. It can be either an individual, company, or government entity. 2. Detailed Definition: Insurance groups are organizations that specialize in providing various types of insurance products and services to individuals, businesses, and governments. These companies often have a wide range of offerings, from home security policies to life and health insurance. Some common examples include: - The American Association for Insurance Companies (AAIC) is the largest professional organization in the United States that represents insurance agencies and brokers. - The Society of Actuaries (SA) is an international association of actuaries who work in the field of actuarial science and risk management, including life and health insurance. - The Financial Services Regulatory Authority (FSRA) regulates the financial services industry and provides guidance to institutions such as banks and credit unions. - The National Association of Insurance Commissioners (NAIC) is responsible for regulating the insurance industry in the United States. Insurance groups often have a reputation for providing high-quality, personalized service that helps their clients protect against potential risks. They are often highly regarded by consumers for their reliability and quality of products or services offered.

insurance group name