Predictions for 2018: Covéa Insurance
Covéa's Simon Cooter, Carol Geldard, Keith Hector and Sue Coffey share their thoughts on what will happen in the sector next year.
Simon Cooter, commercial lines & HNW director:
Broker consolidation and insurer M&A will continue at a pace. I’d have money on at least one ‘mega deal’! The Acturis Premium index will finally show positive rate strength on property business, not a hard market necessarily but a steady correction. There will be a Brexit outcome that doesn’t ultimately mess up the UK insurance industry, but not before lots of angst. Genuine tech innovation will move from noise to reality in the commercialOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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