Insurer achieves 99.8% COR in 2015 but profits slip to £6m.
Motor specialist ERS, which deals only with brokers, has revealed that its combined operating ratio (COR) has fallen below 100% for the first time since 2009. In its full year results for 2015 the organisation...
Calm called for as insurers insist it will be "business as usual" and Biba pledges to represent brokers in Brexit negotiations.
Brokerbility chairman appeals for calm and says brokers need to watch how the insurers will react.
Chris Cowan at market research specialist Clusters outlines five things brokers can do to better understand their clients.
The loss of these rights could see insurers being forced to restructure and face large operational, regulatory and tax costs as they adapt to such a change.