Friday, 18 March 2016

WHY YOU NEED AN INSURANCE BROKER

We all need insurance. Whether it’s for our business, our possessions or ourselves, we cannot manage without it.

But it’s also one of those things that we buy because we have to, not necessarily because we want to. And that can make insurance pretty hard to get excited about. But insurance matters – and having the right insurance in the event of a claim is vital.
We know you wouldn’t dream of doing your own legal work or medical tests. So why should your insurance be any different? It can be just as important in protecting what’s important to you. And that’s where an insurance broker can help.


ACHIEVING BETTER RESULT THROUGH PROFITABLE UNDERWRITING

Setting direction and tone for the future is typically thought to be more the job of the CEO than the underwriting department, but positive business changes led by underwriting can have an immediate, measurable impact on an insurer’s bottom line. Without a doubt, underwriting profits have been difficult to achieve recently across most lines of business, and with the pressure on, insurers are starting to proactively look beyond the underwriting desktop to achieve a competitive position in an increasingly global, and highly-customized, arena.