Why you should sell Loss Recovery Insurance?
Ever since the advent of modern general insurance broking it has been accepted that Brokers must “sort out” all aspects of their clients’ claims. After all, that’s why the client uses a broker in the first place.
Until Loss Recovery Insurance was introduced, when your Client had a major loss, regardless of cost, you had to go.
For the first time you can now easily determine the annual costs of sending a broker to support your client throughout the claim making process. Simply insert the number of annual claims, the average value, and the average salary of the broking team members and you will be amazed at the “bottom line” cost to your business. Email the document to yourself and use as management information when considering selling Loss Recovery Insurance for your clients.
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