PIA head urges insurers to embrace global risks
Insurers' conservative attitudes towards risks outside the UK is holding back ambitious plans to establish multi quote-and-buy systems worldwide, according to liability broker Professional Insurance Agents (PIA).
Graham Hearsey, director of PIA, said the firm had prepared multi quote-and-buy systems to operate in "almost any countryin the world" but that what it needed now was "more insurers and suppliers that were prepared to write covers for small to medium-sized enterprise (SME) business across the globe".
The Eastbourne-based intermediary has already launched a multi quote-and-buy facility in Holland and Malta and has plans to roll this out to Germany and Italy.
"It took the UK a long time to wake up
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