Why You Should Review Your Insurance Suppliers and How Konsileo Can Help

As a business leader, you know how important it is to protect your assets, liabilities, and reputation from various risks and uncertainties. But when was the last time you reviewed your insurance suppliers and the coverages they provide?

Many businesses tend to stick with the same insurance suppliers for years, without checking if they are getting the best value, service, and protection for their needs. This can lead to overpaying, underinsuring, or missing out on new opportunities and innovations in the insurance market.

That’s why it’s a good idea to review your insurance suppliers regularly and compare them with other options available. Here are some of the benefits of doing so:

• You can save money by finding more competitive rates, discounts, or bundles that suit your budget and risk profile.
• You can improve your coverage by finding more comprehensive, tailored, and flexible policies that address your specific exposures and challenges.
• You can enhance your service by finding more responsive, reliable, and proactive suppliers that offer better claims handling, risk management, and customer support.
• You can access new products and solutions by finding more innovative, forward-thinking, and tech-savvy suppliers that leverage the latest trends and developments in the insurance industry.

Konsileo Insurance is an award-winning commercial insurance broker and risk management adviser. Konsileo has created a broker platform that checks compliance and manages policy admin, saving time for brokers and clients alike. Konsileo also has experienced brokers all over the UK, specially trained to work on commercial business insurance in a wide range of industry sectors, such as manufacturing, construction, property, hospitality, motor trades, waste management, professional services, healthcare, and lots more.

Konsileo provides a range of specialist insurance products to businesses across the UK, including:

• Commercial combined: A policy that covers your property, contents, stock, machinery, business interruption, public liability, employers’ liability, and more.
• Motor fleet: A type of insurance that covers multiple vehicles owned or operated by a business. It can provide protection for the vehicles, the drivers, and the third parties involved in an accident.
• Cyber: A policy that covers your liability and expenses arising from cyberattacks, data breaches, ransomware, phishing, hacking, and more.
• Management liability: A policy that covers your directors, officers, and managers from claims of wrongful acts, such as breach of duty, negligence, misrepresentation, defamation, and more.
• Trade credit: A policy that covers your losses from non-payment or insolvency of your customers, both domestic and overseas.
• Professional indemnity: A policy that covers your liability and legal costs from claims of professional negligence, errors, omissions, or breach of contract.

Don’t settle for less when it comes to your insurance suppliers. Review them in 2024 and see how Konsileo can make a difference for your business.

Please drop me a message to find out more.

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Bally

Client Director, Konsileo Insurance - [email protected]