
New year, new start

The UK commercial insurance market remained fiercely competitive last year. Intermediated SME business appears to be the ‘new’ private motor for many insurers, a class they feel that they must be in regardless of prevailing rate strength and underlying profitability. Continued over-supply of capacity and the lingering effects of the economic downturn have made it difficult for insurers to adjust the pricing on their portfolios.
The direct effects of historic under-pricing in the sector were
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Commercial
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Insurers urged to pay claims quickly following BI ruling
- PIB sold to Apax funds
- FCA orders insurers to pay claims swiftly following Supreme Court ruling
- Aviva confirms office closures amid restructure
- Aviva’s Patrick Tiernan moves to Lloyd’s
- Blog: The broker fallout from the Supreme Court BI ruling
- GRP-owned Premier Choice Healthcare makes first deal