In Focus: Why brokers need to be offering risk management services in the current climate
In the first instalment of a week-long special In Focus series LV’s Kevin Hawkins examines why brokers need to be offering risk management services in today’s market.
Risk management has traditionally focused on the physical protection of a building or property but there's been a shift change in recent years to customers wanting a more holistic approach to protecting not only their property but assistance in protecting their reputation and trading ability following a loss/accident.
Today's customer is also seeking advice on a range of issues such as regulation and employment law requiring risk management to be wider than the traditional physical protections.
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