Navigating Your Next Steps Navigating Your Next Steps HUB construction insurance, risk management and employee benefits As businesses navigate the shifting landscape of insurance and customer specialists will work with you to develop a tailored strategy that will protect expectations, taking proactive steps today will strengthen operations for the bottom line, support your workforce and build resiliency for 2025. Here 2025. Some key strategies for your company’s long-term success include: are some initial considerations: Forge a strategic partnership with a trusted insurance Partner with Making risk management a pillar of your organization’s culture technology provider. Embedding a digital insurance brokerage a reliable can help identify exposures and develop response plans in case 1 Develop a solution directly into your business model provides your clients insurance tech of any type of incident, whether that is a weather-related event, 1 comprehensive with unbiased advice and choice that leads to increased company. a threat of physical safety or a cyberattack. Make sure your risk plan. retention and improved profitability. broker understands how to approach risk and can identify gaps in insurance that could disrupt your daily operations. A broker provides your clients with access to multiple carriers, offering a variety of coverage options tailored to their specific needs. Provide choices With ongoing proactive guidance, brokers ensure that your clients’ 2 and unbiased To compete for a shrinking pool of skilled labor, personalized benefits protection evolves as their needs change, delivering personalized advice. Create a based on HUB Workforce Persona Analysis and data analytics can solutions and peace of mind. personalized help your company differentiate itself from the competition. Creating 2 benefits a quality employee experience (QEX) will boost engagement, improve strategy. recruitment and retention and promote worker wellbeing Embrace embedded technology to deliver a frictionless Leverage customer experience. VIU by HUB’s comprehensive digital solutions omnichannel platform offers side-by-side comparisons of policy 3 to enhance client options and allows your clients to shop the way they prefer experience. – online or by phone – leading to a more enjoyable customer experience and a higher regard for your brand. Remain Safety is already the focal point of your operation, but with 3 focused on an influx of new and less-experienced workers, injury risks workplace increase. Work with a risk professional to review your safety To succeed, you must meet your customers and employees safety. program at least annually and address any issues. where they are. Today’s consumers prioritize “matters of the Adapt to heart” over transactional details, and they want easy access and 4 evolving simple insurance solutions that align with their budgets, lifestyles consumer and values. Showing clients that you’re invested in their financial priorities. wellness fosters loyalty and encourages referrals. Stay in contact with your broker and let them know about changes to the business to eliminate surprises at renewal. Be transparent Review exposures and insurance needs at least 90 days prior with your The growing impact of climate change on the insurance marketplace 4 broker. to policy renewal to allow your broker to find the optimal requires a partner with a clear understanding of the underlying coverages for your organization. factors driving these shifts. A broker has an unbiased perspective on Thoughtfully lean 5 into risk. the industry and can provide your customers and employees with ongoing advice and support to help mitigate potential coverage disruptions and keep you competitive. 7 7