As an Insurance expert, the broker has access to the entire market and has the ability to scan the market and come up with the most competitive terms. The broker is aware of the strengths and weaknesses of the major players. It is therefore the broker’s role to recommend an Insurer with the most competitive terms without compromising on security.

Brokers call for insurers’ financials and scrutinize them to ensure the client’s interests are protected. Obviously, if Insurers are not forthcoming with their Financials this raises alarm bells. The vetting of insurers is very important especially in this current environment and brokers have to keep their ears to the ground and cannot ignore any Information filtering through. They have to be on the ball so as to speak.