Published: 19 March 2024
Helping business clients navigate financial obstacles in 2024
Roger Abel, Managing Director at Rothbury Insurance Brokers, shared his insights in the CoverNote March 2023 magazine about the important role of insurance brokers to help businesses navigate risks in 2024.
It was a tough year for many New Zealand businesses in 2023 in the wake of increased extreme weather events, coupled with inflationary pressures and the rising cost of living.
There is no such thing as a one-size-fits-all insurance solution. Insurance brokers have a vital role in helping businesses access the right insurance solutions that strike a balance between coverage, risk and affordability, and allow them to survive and even thrive over the coming year.
Our brokers provide themselves on providing personal service and quality advice about your insurance needs to protect your business and assets.
Furthermore, we are locked into a hard insurance market for the foreseeable future. Insurers have been reviewing their risk appetite and pricing strategies. Identical businesses in different geographic areas can have different insurance premiums, exclusions and coverage limits and we recognise and ensure that businesses have a good understanding of their insurance options.