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Many small and medium-sized enterprises believe they are well insured simply because they have several policies. In reality, having multiple insurance policies does not necessarily mean you are properly protected.

One of the most common problems in the SME world is the presence of coverage gaps, which are often invisible until a claim is made.

Among the most common situations are:

Underestimated civil liability
Some companies choose limits that are too low in relation to the actual risk. In the event of significant damage to third parties, the coverage may not be sufficient.

Outdated insured values
Machinery, equipment and infrastructure can increase in value over time. If the insured values are not updated, there is a risk of underinsurance.

Business interruption not covered
Many companies insure assets and facilities, but forget about the economic damage caused by business interruption.

New risks not considered
Digitalisation, remote working and data management have introduced completely new risks, often not covered by traditional policies.

Overlapping coverage
In some cases, the opposite also occurs: multiple policies cover the same risk, generating unnecessary costs.

The main problem is that these situations almost always only emerge after a claim.

For this reason, more and more companies are adopting a structured approach to risk analysis, with the aim of verifying consistency between business activities and insurance coverage.

A professional review allows gaps to be identified and the insurance programme to be optimised, making it more effective and often more cost-efficient.