Retail

The retail sector in Australia is evolving at a rapid rate. This evolution is being driven both by technological developments and changes in consumer preferences, creating both opportunities and challenges for participants in the sector. In addition to these challenges, it is imperative that the retail sector maintains high customer satisfaction.

Willis understands the challenges and opportunities confronting retailers and the related strategic, financial and operational risks that are imposed. Willis works with Clients to assess business risks and develop tailored solutions to minimise or eliminate risk exposures.

Willis has developed a suite of insurance and risk management products specifically designed to meet the key issues for retailers.

Some of the insurance solutions we have developed to address specific issues for retailers include:

Brand	Store	Employees
Warranty Support Cyber Risk Protection Revenue Enhancement	Claims Management Liability Risk Management Prevention and access	Workers Compensation Claims Management Premium Management Employee Benefits Superannuation Income Protection
Cash Flow	Stock
Business Continuity Stock Values External Disruption	Transit Losses Stock Value Variations Stock Accumulation

The benefits of our insurance solutions include:

Competitive premiums
Agreed and specially negotiated retail policy wordings to meet the requirements of Retailers
Agreed cover extensions to meet client needs
Leading Underwriters offering exclusive support