Christmas Q&A with Michael Lawrence and Simon Mabb

Michael Lawrence and Simon Mabb

2019 reflections with Michael Lawrence, broker distribution and underwriting director at LV

Which insurance issue has defined 2019?

Three key issues – the Financial Conduct Authority’s investigation into fair pricing, the Ogden discount rate change and delays to the injury reforms.

What has been the year’s most surprising moment in insurance?

The level at which the Ogden discount rate was set – I think most market participants had expected a move to a positive or at least neutral rate.

Whic

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