Businesses of all sizes from multi-nationals to self-employed sole traders rely on insurance when bad things happen. Choosing insurance is often a purchase made reluctantly or hastily, but this can be a costly mistake if the cover is wrong.
Every business has different needs, even in the same sector, and cannot always be bundled into packages. A professional insurance broker assesses the needs of each client individually and tailors cover appropriately.
This guide is for anyone responsible for purchasing business insurance. Through understanding of how insurance brokers and insurers work you can strike a better deal, get better cover, and save money. You’ll only know how good the policy is when you claim and at that stage it’s too late to make any decisions. Proper cover will address the vulnerabilities of a company and provide peace of mind. Bad cover could mean the end of a business following a crisis.