Helping SMEs Build Profit Through an Innovative Insurance Solution

Photo by Taylor Grote on Unsplash

Let’s face it, running a business is no easy feat, and if you’re an SME every blow you face is that much harder without the cushioning that larger businesses have.

Lately, there have been a lot of blows through COVID, riots, price increases (due to the Russia-Ukraine War), and the floods. With difficult times for many SMEs, we’ve decided it’s about time they have something running in their favour.

SMEs, we have your back! We’ve created a special policy to help you out, called the Commercial Risk Retention Policy. All our commercial clients have this policy available to them and can sign up for it if they would like to.

Putting a Percentage of Your Premiums in Your Pocket 

So, what are the benefits of having this policy in place? In a nutshell, it allows you to build profit simply by paying your monthly premiums. Here’s a short overview of how it works:

1. You agree to accepting a layer of self-insurance (and receive a discount for this). 
2. Your funds build month on month to help you cover losses within your chosen layer.
3. These funds build in an account that’s in the insured’s name.
4. You get tax benefits with this account.

Pretty straightforward right?

Being one of the first companies in the country to provide such a product, we believe this fund will be a huge help to SMEs seeking the most rewarding insurance options available to them.  

As with anything, Ts and Cs apply, and we are happy to walk you through them. For any questions on this fund, please don’t hesitate to get in touch with our team.