SMEs within the UK's growing service-led economy continue to pull the country out of recession and into more commercially buoyant waters. This has created an exciting opportunity for brokers to discuss the changing nature of the service sector and the new professional indemnity (PI) risks and exposures that smaller businesses and sole practitioners now face.
Many SMEs have not identified and managed or transferred these PI risks and this has presented a quickly developing opportunity for brokers and insurers to provide the products, services and professional advice required to plug this gap and protect these smaller service sector firms for the future.
Excitingly, the chance to develop into this area is open to all regional and national brokers and not just those that have previously specialised in PI.
Download this whitepaper to discover how your broking firm can serve SME clients' evolving needs and exploit the commercial opportunities available.