The Role of a Broker vs Dealing Direct, taking into account
The Consumer Protection Act came into effect in April 2011 and is widely
However, companies need to fully understand what the Act means to their business
and how best they can protect themselves. The insurance industry is complex and
clients don’t necessarily have the time to navigate the wide spectrum of insurance
products available as well as identify and manage the risks involved.
This is where the benefit of a broker cannot be overstated enough. For us, understanding the risks associated with our clients business is of utmost importance.
A relationship with a trusted broker can assist in some of the following areas and in many cases ensures the profitability of your business.
This is where the benefit of a broker cannot be overstated enough. For us, understanding the risks associated with our clients business is of utmost importance.
A relationship with a trusted broker can assist in some of the following areas and in many cases ensures the profitability of your business.
- We have significant product knowledge, which can save companies time by advising on the products that will best suit the potential risk.
- By remaining independent the Garrun Group can work with multiple insurers to give our clients numerous options.
- We help companies navigate and prepare for legislative and compliance changes that will affect them.
- We regularly review our client’s risk exposure and cover.
- Risk is constant and as brokers we are constantly striving to ensure that we are up to date with legislation and products so that we can correctly advise our clients how best to manage their risks.