EFCIS/ICBAUK
The role of a Specialist Broker is more than to simply secure a competitive premium on the right policy structure. Any Broker that is keen to add value must become an extension to the risk mitigation function of their client’s business. The Broker must invest in innovation which ensures maximum credit limits and a high level of policy compliance, therefore, ensuring greater levels of payment and claim certainty.
This includes pre-vetting credit limits, having in-depth industry sector knowledge, provide an understanding of debtor risk and requirements of receivable funders to ensure maximum available working capital to support growth and ultimately profit/shareholder value.
What is also important is our understanding of the many daily challenges businesses face and supporting them with insightful, innovative solutions combined with a robust commercial view if the cover is not agreed in full.
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