Other Business Insurance Solutions
There are many more specialty insurances that can be useful in the context of a holistic risk management, like credit risk and political risk insurance, key person insurance, or kidnap & ransom insurance, or legal protection insurance.
Why businesses need insurance
For most companies, insurance represents one of their biggest investments and their largest source of contingent capital. The main purpose of insurance is to protect their balance sheet, and to reduce volatility in the profit and loss account following a large loss.
The challenge for insurance buyers is raising the awareness of the value of insurance beyond that of a commodity, and articulating how individual insurance covers can contribute to the financial strategy and financial modelling of the organisation.
WALKER RISK SOLUTION LTD
Bespoke Insurance Solutions for the Financial Sector
Expertise - Client Focus - Independence