Does A Rising Tide Lift All Boats Equally?
At MRSL Enterprise, we understand the physics to be yes… However, when the rising tide is price, then no, not all risks will or need to increase in price equally.
Challenging times lie ahead for everyone. Any good insurance broker should be in a position to make a suitably credible presentation of your risk to an underwriter to minimise a price increase and/or a reduction in cover.
Be under no illusion, some businesses will not be able to obtain cover at any price in some areas of activity. So, challenge your insurance broker to explain to you how they will best represent you interests during the challenging times ahead, if they cannot or do note to your satisfaction. consider changing the firm.
We are always happy to explain out approach to clients and potential clients alike.