A multitude of factors have resulted in heightened risks for businesses, with small and medium-sized enterprises (SMEs) not exempt. The increasing risk landscape has the potential to be even more devastating to SMEs, as they may not have the same resources available or the insurance coverage obtained by larger firms.

The insurance market has seen a period of change, and when it comes to the renewal of your insurances you could see higher than expected renewal quotes, reduced cover or, with certain risks and in some situations, you may even find it difficult to secure insurance cover at all.

Through our unique relationships with insurers and in-depth knowledge of the insurance market, we have designed a unique insurance facility to provide our clients with the best cover and support. MULTI-TRADEPLUS+ provides wide ranging insurance protection with a range of benefits not usually included on standard policies.

As we continue to navigate through the ever-changing nature of claims, Claims Division Director, Andrew Taylor, discusses some of the key issues and current challenges in relation to increasing claims costs and the potential impact on your firm.