Commercial Property Insurance – the importance of detailed underwriting information and a culture of managing risk.
Leading into the busy June season, it is a perfect time to connect with your clients to understand their business and their efforts on risk control.
The quality of your quote submission can have a direct impact on the outcome for your client. The more details provided on how they actively manage their insurance risks throughout the policy term, the greater the likelihood of more favourable terms and conditions offered.
It is vital to submit updated and detailed submissions to us early, as providing clarity on key areas and exposures is paramount. From a Property perspective in particular, it is crucial that your clients have their assets professionally valued to ensure they have appropriate insurable values declared. This will guarantee that clients have adequate levels of cover in place in the event of a loss or claim.
Having that one critical conversation with your clients may prove incredibly valuable to their overall insurance program.
Click here to access key risk insights from Vero’s Risk Engineering Lead Customer Experience, Wayne Thompson including how the Vero risk survey benefits both the client and the broker.