Is big still beautiful?
Tony Cornell asks if big insurers are still vital to brokers
A chief executive of a leading composite insurer recently commented that as the big insurers held such a large share of the market, there may be little point in investing a great deal of money to improve service to brokers. The inference was that the large insurers were vital to brokers and the commercial market. Is this the case or has big ceased to be beautiful?
The half-year results for 2009 show a worrying picture for the five big commercial insurers. Net written commercial premiums dropped
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