SME Insurance Index

Insurance with insight

Putting Employee Wellbeing First: Employee health, emerges as top concern

Employees are the lifeblood of any business – big or small. Whether there’s five or 500 people on the team, each person plays a pivotal role in helping a business operate smoothly, achieve growth, thrive and succeed.

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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.

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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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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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Making the claims process easier for SMEs

Putting in an insurance claim can be a very stressful time for owners and decision-makers of SMEs, creating a key opportunity for brokers to demonstrate their value.

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