Vero has introduced a tool allowing brokers to help their SME clients prepare for issues that may affect their businesses.

The Contingency Planning Tool examines different scenarios, and details how SMEs can respond and what they can plan in advance.

It then advises how insurance brokers may provide advice.

The tool was developed following this year’s Vero SME Insurance Index, which shows three-quarters of broker clients want to feel more in control of their businesses.