Analysis

Brokers must not treat risk management as an ‘afterthought’

By Jon Guy 2022-04-11T07:33:00

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The ‘increased recognition of risk management’ should be welcomed by brokers, however those with a ‘simply transactional’ mindset may struggle to place risks, especially for SME clients

As businesses emerge from the pandemic and the hard market continues, brokers are under greater pressure to enhance the level of risk management they provide to clients. But is this a new extension to their role or simply part of the value they add to the insurance process? Jon Guy explores the issue.

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