Realistic price levels.
Ian Ritchie, director of Stuart Alexander, said insurers need to get together to ensure prices stay ...
Ian Ritchie, director of Stuart Alexander, said insurers need to gettogether to ensure prices stay at a realistic level. "The difficulty I
have is that as a broker, one tries to support increases and not encourage
a soft market. Then you get some rogue broker who says 'I guarantee 15%
will be saved' and insurers give them a mandate to do so. Insurers have
got to get together and stop brokers from driving prices too low."
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