Time, Watch

by Alain Sayour, Gow Gates Insurance Brokers

We live in an age where many of our life and business transactions can be completed online. The ease in conducting these transactions at a time and place that suits us certainly has an appeal. However, is going online the best option when we are evaluating insurance policies for our businesses?

Insurance can be complex and with new risks emerging all of the time, it can pay to get the help of an insurance broker when deciding what the best option is for you and your business.

Below are five reasons to take into consideration next time your business insurance policy is up for renewal.

  1. They do the legwork for you

When you engage the services of a broker, they will look at your individual circumstances, assess your risk and evaluate what policies are right for you. This will save you from having to seek out and compare what is available in the market.

  1. Access to alternative options

Insurance Brokers have access to a wide variety of General Insurers and Underwriting Agencies with alternative products available that you would not receive direct from an insurer.

  1. Peace of mind that everything is covered

When you purchase insurance through a broker, you’ll gain access to professional help and advice about choosing the policy that’s right for your individual circumstances. A broker can identify potential risks you may face and recommend you cover for these, which is something you don’t always get when buying direct from an insurance company.

Insurance Brokers work for you, not the insurer. This means they will only recommend insurance solutions that are right for you and your business, not what is in the best interests for the insurers.

  1. Claims assistance

In the unfortunate circumstance that something should happen, a broker can help you with your claims enquiries and submissions, and ensure that settlements of your claims are correct.

  1. Personalised service

When you buy direct from the insurer, you may have to make all insurance enquiries through a call centre or via email, getting a different person every time. Whereas with a broker, you receive personalised service from someone who will be with you every step of the way – from policy issuance to claims settlement.


To learn more about the benefits of using an insurance broker or to review your insurance program, please contact Alain Sayour from Gow-Gates Insurance Brokers on 02 8267 9903 or nra@gowgates.com.au.

While the information is believed to be correct, no responsibility is accepted for any statements of opinion or any error or omission. The information set out is of a general nature and cannot be a substitute for professional financial or legal advice tailored to specific situations.