Our business growth is built on providing our clients and partners with tailored services/solutions. We choose to partner with select general insurance brokers in offering specialist workers compensation related services to their clients. We find businesses that choose to engage a broker benefit in numerous ways. Businesses can save money, improve cover, reduce risks and much much more.
BENEFITS OF USING A BROKER – Our experiences with using brokers is that we find our clients benefit because:
- A general insurance broker is the expert buyer. They know what to get, where to get it from and why you need it
- Brokers have buying power. Consequently a broker can often secure either lower premiums or better coverage at the same/similar price
- Insurance companies understand that supporting brokers and providing excellent service to their clients is more profitable for them. Consequently we find brokered clients usually receive better insurance services and support
- When a claim needs to be paid, brokers will advocate for their clients and ensure insurers respond quickly and actively
- Brokers remain educated and up to date with the industry and market therefore they know what the price for insurance is
Please note: in NSW, Victoria, QLD and SA workers compensation premiums are governed by the legislative body and consequently premiums are more specifically impacted by wages, business activity and claims.
Vero has also released a short video outlining some benefits of using an insurance broker.
Source: Vero – Suncorp
Title: Benefits of a Broker
Watch Time: 1 minute 20 seconds