Page 30 - BOSS Today Issue 12

business insurance

Safe

could mean Sorry

Office supply companies who hen you consider make this decision without fully
that an insurance understanding whether:
automatically renew their insurance Wpolicy is one of the ✱ they have the right insurance
with their existing provider could be biggest yearly purchases an programme in place for their
office supplies company will
business; or
missing out on savings and even have to make, it is surprising ✱ that insurance programme
putting their company at risk how unwilling many of them are has kept pace with any changes
to the business/risk profile.
to explore whether they really
have the best deal. This includes
bOss members. They think the so is there a better method?
“better the devil you know” There certainly is.
maxim always applies, so they
automatically renew with their A relationship business
current broker. insurance is often described as a
The problem with this “relationship business”, and many
approach is that companies can clients have built up long-term

30 BOSS TODAY | May/June 2012

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