The 10 most stupid insurance decisions

Tony Cornell

Over my time in the industry, there have been a number of decisions that in hindsight have been wrong and in some cases totally stupid. Of course it is easy to judge after the event, but some show such a lack of foresight and judgement that they have to be categorised as major bloopers. Some have had a cataclysmic effect on the insurance market and even beyond our own industry.

* Guaranteeing the value of property. The industry did this in the UK for many years as part of our close relationship

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