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SME Insurance Index

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Changes in SME behaviour and insurance sentiments

Increased broker proactivity is driving more positive sentiment. In a time in which constant change is the norm, the SME Index’s top line measure of broker usage has remained relatively stable.

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Economic impacts on business insurance

Uncertain economic conditions have the potential to impact insurance behavior and SMEs decision making around purchasing it.

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Transparency and trust

In a sceptical environment, broker transparency with SMEs can help to build trust.

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SMEs understanding of insurance

Many SMEs are still confused about various aspects of insurance and have indicated that there’s opportunity for brokers to assist them with providing more clarity in this area and to demonstrate expertise in advice on their respective industry.

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Changes in SME behaviour and insurance sentiments

Increased broker proactivity is driving more positive sentiment. In a time in which constant change is the norm, the SME Index’s top line measure of broker usage has remained relatively stable.

Read more
Help take the risk out of business

Enhance your client relationships by providing access to industry specific risk information and checklists through the new Vero Risk Profiler Tool to help inform and mitigate their business risks.

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Changing attitudes towards broker expertise

The online age has provided SMEs with an over-simplified view of increasingly complex products, devaluing broker expertise. Broker salvation may lie in educating SMEs on the repercussions of poorly managed insurance tasks.

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SME Insurance Index Library