Editor’s letter - March 2017
“For brokers… conversations with clients, who will see bills rising, are going to get even more complicated”
The discount rate is not something that will be at the top of the agenda for most brokers. That is entirely understandable.
Also known as the Ogden rate, it impacts on the cost of certain personal injury claims and, in short, insurers are bracing themselves for a considerable increase in outgoings (for a full analysis see page four).
And thus the subdued level of interest is understandable because brokers have little to no control over what happens. However, the fall out will be considerable. At
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