When it comes to protecting your care business, is the cost of insurance taking priority over what your policy actually covers?

With rising employment costs, funding pressures and changing regulatory requirements, care providers face difficult decisions about where to focus their resources. But ensuring insurance remains fit for purpose is an important part of protecting the long-term resilience of their organisations.

In this episode of Fortune Favours the Brave, Richard Lawson, Senior Corporate Account Executive at Howden, is joined by Professor Martin Green, Chief Executive of Care England, and Jonathan Taylor, Divisional Director, Head of Corporate Risks, Health & Care at Howden, to discuss why insurance should be more than an annual renewal exercise.

Together, they explore some of the common gaps in insurance cover, from underinsured buildings and inadequate liability limits to the implications of delegated healthcare tasks. They also discuss the importance of understanding commissioner requirements, demonstrating effective risk management and keeping insurers informed as care services evolve.

A central theme is the value of ongoing conversations with insurance brokers and insurers, not just when policies are due for renewal, but whenever a business is changing or planning for the future.

For care providers and business leaders navigating an increasingly complex operating environment, this conversation offers practical insights into reviewing insurance arrangements, managing risk and building greater resilience.