Blog: Brokers on the front line of understanding SME Covid-19 exposure

As the government struggles to contain the spread of coronavirus, Lorega’s Angus Tucker, considers SME policies might respond and calls on brokers to be proactive in reviewing client policies.

Businesses of all sizes in all industry sectors are potentially going to face very real challenges from what is rapidly becoming a Covid-19 pandemic.

For UK SMEs the risk of losses to their businesses resulting from staff absence, supply chain reduction and reduced customer demand, places brokers in a crucial position when it comes to advising their SME clients of risk exposures and policy coverage. 

Many of the brokers we speak to are looking at their clients’ coverage to be in a stronger