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Is Insurance Still a ‘Grudge’ Purchase? Tony Venning Featured in Insurance Business Australia

October 20, 2021 By Crucial Insurance Team

Insurance Business Australia-logo

Our Managing Director, Tony Venning, has been featured in Insurance Business Australia. In the interview, Tony discusses the important shift of insurance being a ‘grudge’ purchase of businesses, to now being an actual revenue and growth opportunity.

“The thing that’s changed from a grudge purchase is it’s turned into an enabler,” says Tony in the interview. “So, we’ll have clients talk to us about, ‘I need you to get me that insurance, because unless I have that I’m not going to be able to get on the shortlist for this X million-dollar contract’… I think that’s where, as a profession, we’re certainly moving up the value chain in terms of who’s on our clients’ speed dial list of suppliers and advisors.”

Tony talks about a number of other issues facing the industry and businesses at the moment, including the value of a good business insurance broker, cyber threats and sound business governance.

Click here for the full article. 

 

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  4. Hiring a contractor instead of an employee – which is better from an insurance perspective? This answer may concern you.

Filed Under: Business Insurance, News Tagged With: business insurance, Business Insurance Australia, Tony Venning

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