ABI Health and Protection 2023: Brokers key in opening protection to micro businesses

“We should care passionately about the 22 million who don’t get help”

Jaskeet Briah
clock • 3 min read

The role of advisers and brokers is one of the most important in helping micro businesses embrace group protection, Unum UK chief executive Mark Till told delegates at the Association of British Insurers’ (ABI) health and protection event yesterday (27 July).

During the How can insurers protect the health and resilience of the nation? event, the session discussed how insurance products support resilience by keeping people healthy and in work, and what greater role insurers can play. Overall, micro businesses account for 95% of all businesses and around 32% of employment, the ABI detailed. Larger businesses are more likely to have a more comprehensive benefits package as these firms typically have built up skills and talent and can afford dedicated individuals to focus on creating a broader benefits packaging, Till told delegates. As suc...

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