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Brokers as Trusted Advisers


Brokers have a tremendous role helping nonprofits understand their exposures and transfer and mitigate their risks.


“As these nonprofits continue to evolve and grow, you obviously should be viewed as a trusted adviser to your nonprofits and you should be counseling them on the products that may be available to help transfer that risk.”


Maria Treglia, Program Brokerage Corp.


Brokers need to stay close with their nonprofit clients to understand what kinds of exposures they face as their operations evolve. Not only can they help nonprofits understand which risks are insurable, they can also help them deal with those that are uninsurable through risk management. Staying close to clients has another benefit: The knowledge brokers gain from their clients promotes the development of new products to cover emerging risks.


Copyright © 2012 by A.M. Best Company, Inc. All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise.


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