Choosing an insurance adviser

You can contact insurance companies directly but you might find it easier to use an insurance adviser.

To find a suitable insurance adviser for your business, you'll need to identify:

• the risks to your business
• what type of insurance you need

There are 2 main types of adviser: insurance brokers and independent financial advisers.

1. Insurance brokers

Insurance brokers work on general and commercial risks, such as:

• motor insurance
• employers' liability insurance

Some agents only work for a few insurance companies. This means they will only offer you insurance with one of those companies.

2. Independent financial advisers

Independent financial advisers work on people-related risks and business-planning issues, such as:

• life assurance
• protection
• health
• business continuity
• pensions and investments