With economic pressures affecting businesses, it’s no surprise that small and medium enterprises are prioritising price as the most important factor when making insurance decisions. 

That’s the finding of new research from Vero, which shows that price is the top issue whether using a broker or buying insurance coverage directly, with 55% of SMEs saying cost is their biggest concern. 

While it’s tempting to opt for the cheapest option, brokers can help clients make effective insurance decisions that balance cost considerations with adequate risk protection. 

Our brokers can help guide your business towards insurance solutions that balance affordability with sound coverage - meaning you can navigate economic uncertainties with confidence. 

Check out Vero’s full SME Insurance Index 2023 here.