At a glance
- Very few claims are just about getting a cheque to a customer
- If there has been a fire, an escape of water incident or storm damage, a customer may require temporary premises
- We explore, with Insurance Times, what kind of claims service SMEs should expect
Insurance is about protecting the things you value – your SME customers rely on your expertise as a broker to help them find the right level of protection should a loss occur.
While bigger firms may be able to absorb the impact of a fire, flood or other major loss, such incidents could jeopardise an SME’s ability to trade, unless they have the right cover in place.
SME’s have often got a lot of their own money tied up in their business, so even a small claim can lead to a significant cash flow issue.