Helping you with your banking and financial service needs
The financial services industry includes banks, insurance companies, and investment firms.
These organisations engage in monetary transactions and create, liquidate, purchase, and sell assets such as securities, bonds, and insurance.
During a time of recession, financial services clients — investors, consumers and firms — may experience losses due to delinquencies, falling asset values, and cutbacks in investments.
Even though returns may decline during economic slowdowns, lower market values also present opportunities for expansion and new investment.
“Thanks to the great work by Peter and Lorraine at ERA, we’ve been able to retain our existing supplier but on significantly enhanced terms, so we’ve got the best of both worlds! We’re able to maintain existing relationships, save money and feel confident that we’ve got water tight policies in place. What more could you ask for?”