In this edition of the Knowledge, we explore the growing need for risk management in SMEs and the many opportunities this creates for brokers and insurers
Now more than ever SMEs need risk advice. Business development has become a high stakes game, as unprecedented technology-driven change coincides with an economic backdrop propelling expansion beyond Europe.
Brokers that serve risk management advice alongside their insurance expertise are doing business owners a big favour. The two-in-one combination is a winner because directors need protection against complex new exposures at an affordable price, enabling them to focus on running their business.
The UK government has pinned its hopes for recovery on small and medium-sized enterprises. Commercial brokers have a big role to play in supporting that growth.
Liz Bury, Insight & Data Development Editor