Vero has produced an online risk analysis tool to help broker clients identify major business concerns and gaps in insurance coverage.

The Risk Gap Calculator comprises an online questionnaire covering primary business worries and current insurance protection. It then reveals potential gaps.

It was developed in response to this year’s SME Insurance Index, which found 32% of SME owners are very concerned about being unable to trade and 31% fear the consequences of equipment breakdown, but 80% do not believe they are covered for these events.

The Risk Gap Calculator will be available shortly through the VeroCentral website.

It follows Vero’s online broker tutorial, introduced in July to let brokers educate their staff on SME clients’ needs.