Blog: Partnership builds the resilience brokers need to navigate a challenging world

A recent Close Brothers Premium Finance survey highlighted a host of new issues brokers are facing that did not exist two years ago. To improve resilience in the face of these challenges Seán Kemple, managing director of premium finance, argues partnerships are key.

Are ‘black swan’ events (unpredictable events with serious consequence) becoming more common? It certainly feels that way in the insurance industry, which has had to navigate its way through a significant number of both industry-specific and macro challenges during the last few years.

Of course, what is and what is not a black swan event is highly subjective. For example, many people argue that the Covid pandemic was a predictable event, and did not come from nowhere, but there is no doubt