
- Researching local markets to understand key industries and risks
- Building expertise in dominant regional sectors
- Partnering with underwriters who specialise in local risks
- Customising portfolios to reflect regional exposure
- Adapting communication styles to suit local business culture
- Using regional data and loss patterns to guide decisions
- Offering products aligned with local regulations and threats
- Fostering long-term community relationships
- Providing education on region-specific risk management
- Staying responsive to local market and regulatory changes
- Ensuring locally accessible claims support
- Respecting cultural and language preferences where applicable
Adapting commercial strategies
Beyond regional knowledge, Corner emphasised that brokers must also rethink their commercial models to remain agile in a competitive landscape. “The commercial landscape is shifting rapidly, with changing client behaviours and increasing competition… brokers need to be reassessing pricing models, improving operational efficiency, and exploring new distribution channels to stay ahead,” he said.