Analysis

Briefing: Small business optimism rising, but coverage conversations not without challenges

By Jon Guy 2023-05-03T08:55:00

silver lining

Despite increased confidence, the challenge remains convincing SME clients to commit budget towards insurance and risk management

Small businesses are starting to see silver linings in the economic clouds, but the threat of future storms will ensure that brokers will have their hands full supporting their clients.

The latest UK Small Business Index (SBI) from the Federation of Small Businesses (FSB), published yesterday (2 May 2023), rose to -2.8 in the first three months of the 2023, up 43 points from the final quarter of 2022.

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