In-depth - schemes: Bouncing back
The coronavirus crisis has changed ways of working and devastated important lines of schemes business but, as David Worsfold finds out, the lockdown and subsequent lifting of restrictions could open up several new areas for schemes brokers to expand into
The new world that is slowly emerging from the rigours of the pandemic lockdown should be rich with opportunities for broker-led schemes. Brokers will need to be quick, creative and work with the right insurer partners to be successful, a modus operandi that should be no stranger to successful scheme brokers.
The way we work, where we work, how we shop, and where we shop have all changed since Covid-19 swept into view. For some, there might be a stuttering return to something resembling a
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