Insurers will look to 'supporting brokers' in the future

Mark Cliff

Mr Cliff said that insurers “have to accept the fact of low investment income and that it can no longer make up for the shortcomings of poor underwriting. They need to focus on underwriting”.

He said that insurer capital would no longer be placed in loss making lines in an attempt to secure scale and that they would reappraise their relationships with the various distribution channels they used.

“They will look at their partners and distribution channels and will put more capital into the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: