When your business is scaling fast, your risk profile isn’t what it was 12 months ago – let alone back when you first partnered with your broker. So it’s worth asking – has your broker evolved with you?
Insurance as strategic as your growth
It’s a tale you’re all too familiar with. You’re a high-growth company – perhaps you’ve recently raised investment, launched into new markets, or significantly expanded your operations. And yet, despite all of this progress, you’ve heard nothing from your insurance broker. No check-in. No conversation about how policies need to adapt. Just the same old call when renewal rolls around.
This kind of approach is outdated, and can quietly expose your business to risk. The truth is, growth brings complexity, and your insurance cover should be able to handle that.
Underinsured or overpaying? You might be both
As your headcount increases, your revenue grows, and your infrastructure matures, your exposure changes. You’re likely looking at changing employment practices liability, more sophisticated cyber threats, maybe even global expansion.
Essentially, the risks you face as a scaling company are extremely different from day one. If your broker hasn’t taken the time to understand where your business is heading, chances are your policies no longer reflect your needs. It can leave you underinsured, overpaying, or worse – both.
Don’t wait for renewal to take control
It’s tempting to wait for renewal to do something about it. But if you’re already frustrated, there’s a smarter way to take control without adding to your workload. With a simple Letter of Appointment, you can switch brokers at any time in your journey. It’s quick, cost-free, and with the right partner – seamless. You don’t even need to contact your existing broker – your new one will handle the transition on your behalf.
This is where an experienced, modern broker like Capsule makes a real difference. We partner with ambitious, fast-growth companies across all sectors – supporting them throughout every challenge and milestone. From the moment we’re appointed, we get to work in the background – reviewing your existing cover, aligning it to your current operations, and identifying areas that need attention.
If your policies are already in good shape, we’ll keep them running until renewal. But we’ll also begin laying the groundwork for a more refined, future-ready program – so when renewal comes around, we can go to market and secure the best cover, on the best terms, at the best price.
Better cover starts with the right broker
At Capsule, we believe insurance should move at your speed. It’s why we make it our business to stay ahead of your risk, as opposed to just reacting to it. If your current broker isn’t talking your language – or isn’t talking to you at all – it’s time to appoint someone who will.
Switching takes seconds. We’ll take it from there. Reach out to our team today to get started.