5 reasons your business needs an insurance broker

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Brokers like us aren’t beholden to any insurer – we work for your best interest, not insurers’. Our advice is generally more comprehensive than you’d find on a typical insurance comparison website.

An insurance broker is the conduit between your business and your insurer. We are the experts who source the best insurance coverage for your business insulating you from the financial and emotional impact of loss or damage to your business.

Our insurance brokers ensure that both you and your business’ risk is reduced giving you peace of mind, so you can focus on what you do best.

The benefits of working with an insurance broker far outweigh a tempting deal promoted on a television commercial, and with so much on the line and the complicated nature of insurance, cheaper is by no means better.

The most significant advantage of an insurance broker is that they are your advocate and in the event of a claim they will manage the process for your business, removing much of the complexity and stress of you having to navigate this alone. And because we work for you, and not the insurers, we can work hard to get the right result for you and your business.

Benefits of a Westlawn Insurance Broker:

1.We have the Experience

Our insurance brokers have extensive experience, advising you accurately on the best policy for your business based on exactly what you need, and what you do not need. As professional insurance brokers, we not only understand the complexities of insurance but we are passionate about it, we work with you to understand your business and the issues that ‘keep you up at night’, so we can give you that peace of mind to rest easy.

2. We know claims

At Westlawn, we know how claims handling works and can help make sure your claims are resolved quickly and efficiently. We can help with the paperwork and follow up on delays – so you can get on with running your business. Broker clients are more likely to have favourable claims outcomes than those in the direct market. A survey of the claims outcomes of Small to Medium Enterprise clients showed that broker clients were twice as likely to be fully covered for their claims than direct buyers.

3. Strength when you need it

As a Steadfast network broker, you can feel confident that you have the strength of Australasia’s largest general insurance broker network behind you. We receive superior market access, exclusive products and services backed by the strength and scale of the Steadfast Group. This enables us access to innovative products, services, support and a competitive edge in an ever-changing market.

4. We partner with you

At Westlawn, our insurance brokers work with you to mitigate your risk, we are interested in your business and how it works, the challenges you face and nothing excites are more than seeing you succeed!

Insurance policies are not all-encompassing, so it is imperative that you clearly understand what you are not covered for, we will also inform you of any terms and conditions that you must meet in order to be covered by the policy. You can count on us to be your business partner long after we’ve arranged your insurance.

5. We’re locals too

Our insurance brokers are local, living across the Northern Rivers of New South Wales, our footprint extends from the Queensland border in the north with a branch in Murwillumbah to Coffs Harbour in the south and west to Walcha. We understand firsthand the risks local businesses face, this is our community too.

When arranging insurance for your business, the more you tell the insurer the better. When the unthinkable happens, discovering an aspect of your business isn’t covered and your claim has been declined due to failure to disclose information at the time of signing a policy, is costly and heartbreaking.

Speak with our insurance brokers to ascertain the right policy for your business today.

Brought to you by Jo Cuneen, Westlawn.

The information in this article is for general purposes only. Please consider seeking independent financial, taxation, or other advice to determine how this information relates to your circumstances.

Sources:

NIBA – The future of broking

Steadfast Group

 

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