Organisations are evolving - changing the way they work and offer services. Most aspects of business are now conducted digitally which has allowed companies to offer quicker services and superior quality.
However, this digital way of working has also made business vulnerable to new forms of interruption. It is vital for modern businesses and organisations to ensure the correct business interruption cover is used to protect them in this brave new world where businesses can be interrupted by factors that could not be imagined just a few years back Old Mutual Insure has therefore launched an easy-to-use business interruption calculator to support their brokers. The MyOMinsure calculator was designed to make it easy for brokers to support and guide their customers in making good decisions to protect their businesses.
“It is our shared responsibility to make sure we give our mutual clients the best insurance service. Furthermore, our role is to guide our customers to make the right cover selections. The MyOMinsure calculator is a hassle-free tool which will allow brokers to protect clients against underinsurance,” says Brian Johnson, Head: Broker Distribution at Old Mutual Insure.
The easy-to-use business interruption calculator allows brokers to accurately calculate their total insurable gross profit for business interruption cover.
“Old Mutual Insure is leveraging technology to provide clients with essential insurance coverage, while preventing underinsurance where possible. Furthermore, the calculator is Old Mutual Insure’s commitment to the broker, providing them with the convenience and tools to provide the right advice to their customers,” concludes Johnson.