Brokers hit out at "antiquated" attitude to cover for sex industry clients
Analysis: Insurance specialists say a change of mindset is needed as brokers struggle to find cover for legitimate businesses in the sex industry as a result of prudish insurers viewing them as a 'moral hazard'.
The insurance industry has come under fire for being “antiquated”, with experts highlighting difficulties in finding cover for businesses in the sex industry,
Sam White, chief executive officer at Freedom Services Group, criticised insurers for viewing the legitimate companies in the sex industry as a “moral hazard”.
She said: “The industry is just completely antiquated. There is some old rule in the book that says anything to do with sex is a moral hazard and therefore you shouldn’t go near
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