A different dimension
Brokers are increasingly looking into the benefits of implementing risk management practices, but there is still much to be done if the sector is to move in the right direction. Sarah Hills asks if brokers could be doing more to protect themselves and their clients
Brokers have long been encouraged to implement risk management into their business and that of their clients but, although the number of brokers embracing this has increased, could they be doing more?
The historic problem for the smaller, traditional lines brokers is that they have not had the resources for implementing an effective risk strategy. However, in light of the apparent opportunities risk management can provide to the broking sector, it appears that the tide has now turned and the
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