PwC warns brokers must adapt to provide risk management advice

Warning sign

New report says client needs are changing.

Brokers will lose profitable business if they don’t take on a wider risk advisor role, according to a new report from PwC.

In the recently published Broking 2020: Leading from the front in a new era of risk, the financial services firm revealed that organisations no longer think that the evolving risk environment can be managed solely through traditional approaches.

Instead, said PwC, companies are beginning to engage a wider set of advisors to get the specialty advice they need.

According to

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