Advice For Advisers ltd’s Post

One common objection I often encounter is clients saying, "I've been with my broker for over x years!" Here are my thoughts on this: If you're exclusively relying on one broker for your insurance needs, how can you be sure you're getting the best options available? Even with a lifetime of experience, it's impossible to be aware of every carrier and program out there. There might be offerings in my portfolio that your current broker doesn't have access to. Engaging a second broker to review your policies can greatly benefit you! It ensures that you're receiving the optimal coverage and premiums available. However, it's essential to strike a balance. Having too many brokers involved in a single file can lead to inefficiencies and confusion when reaching out to carriers. I'm eager to hear your thoughts on this. Please share your insights in the comments.

How to lose an underwriter in 10 seconds (and pay more for your insurance) Take no ownership of your claims problem and say things like: "None of the claims were our fault." "Don't tell me how to run my business." "Do I have to do that?" "That's what insurance is for." If you've had a claims problem, address the elephant in the room right away. Honesty, ownership, and humility will serve you well. Be honest about what happened. Own your part and share how you've fixed the problem. Humbly ask if they have any other suggestions to help.

There are 3 categories of business owners who will answer this question; 1. I Don’t Know: Well then, you have to do your business risk assessment first, then speak to an insurance broker. 2. On It: Good job, going all the way trying to find out what your business risks are, it will help you have a smooth sail in the business realm. 3. Done That: Great! These are the groups that really know what they are gunning for. You are all set for the business environment, but are you insured? Whichever category you fall in, make sure to speak to an insurance broker to know what to insure and how to insure your most treasured assets. Contact @epicureinsurancebroke to learn more about the best insurance cover for your business. Send us a direct message, click our contact detail in bio

Is Your Business Covered? 🏬 Accidents happen, even in the most careful businesses. That's why General Liability (GL) insurance is a must-have for any business insurance package. Here's why GL coverage is crucial: 📍 Peace of mind: Protects you from lawsuits due to bodily injury or property damage caused by your business operations. 📍 Financial security: Covers legal fees and settlements, preventing financial setbacks. 📍 Client confidence: Shows clients you're prepared and professional, fostering trust. Don't wait for an accident to happen! Get a quote for General Liability coverage today and ensure your business is protected.

In today’s complex commercial world, businesses are bound to interact with a multitude of stakeholders, including customers, employees, and other businesses. Despite best efforts, sometimes things go wrong—customers slip and fall in stores, products cause injuries, or services fall short, leading to financial losses. When such incidents occur, it’s essential to know how to file an insurance claim against a business to seek redress.

Business protection should be one of the most important parts of business planning. Your business (especially the young business) is like your little child. While insurance protection is like the love and care you show to your child to help him/her grow strong and healthy. Let business protection be your love language towards your business today. Guess what! Buffer dey for you. So let us know how we can help by sending a dm or commenting "save" on this post. Be seeing you soon 😁

As a business owner or risk manager, have you ever dug into your insurance policies and matched up your insurance coverage with your actual business exposure, or have you ever looked at your contractual requirements to make sure you are actually compliant. Have you ever done a deductible or retention analysis utilizing prior loss data and the financial strength of your business. If the answer is no, it is time for you to take a deeper dive. In the last 6 months, I have helped save individual businesses seven figures per year on premiums, fill major gaps in coverage, save important contracts, improve DOT roadside inspection scores, reverse denied claims, find placement in top performing captive programs, build proactive safety cultures, reduce claims activity, and helped them buy and sell businesses. True partners don't sell, they advise and partner with you to allow your company to make the best and most informed business decisions possible! Contact me directly, and we can line up our first meeting.

Thinking of signing an Agent of Record letter? Make sure you talk through the details with your new agent first. Unfortunately, a process that should be easy - sign a letter, fire your old agent, and begin working with a new agent - can be made a bit more difficult depending on the insurance carriers you're with. Watch the video for details.

Protect your business and your reputation! 🛡️ Professional Indemnity Insurance is more than just a safety net—it's an essential part of your business strategy. Whether you're a consultant, designer, or any other professional, mistakes can happen. This insurance covers the legal costs and damages if a client claims your advice or services caused them a financial loss. Imagine the peace of mind knowing that one error won't jeopardise everything you've built. It shows your clients that you take your professional responsibility seriously, enhancing your credibility and trustworthiness. Plus, many clients and contracts now require it. Don't let a simple mistake threaten your hard work and dedication. Invest in Professional Indemnity Insurance today and secure your future. Your business deserves the best protection! 💼✨ 💻 https://loom.ly/eidJDiA ☎️ 0117 325 2224 📥 contactus@brunelpi-brokers.co.uk

Your edge as an agent lies in understanding your clients' businesses. It’s not just about selling a policy; it's about providing tailored protection that genuinely meets their needs. Dive into actionable insights from Bold Penguin's Small Commercial Insurance Specialist Carlos Gonzalez-Avila, MBA, MS, CLCS to enhance your client relationships and provide exceptional coverage 🐧👉 https://lnkd.in/efRZ8WNG