Is the industry experiencing a regional insurance revolution?
This month the panel discusses job losses by major players in the insurance industry, alongside a recent surge into the regions by companies such as Novae, QBE and IGI
While many major players in the broking sector, such as Royal & Sun Alliance, Zurich and Axa, have announced job losses, office closures or changes to their structure, the industry has also seen a surge in new entrants and a regional push from companies such as Novae and IGI. So, are we seeing a new way of doing business in the regions?
Ian: The larger insurance companies have now got so much marketshare that, in many ways, the only way they can increase their bottom line is to cut costs. I am
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