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Bridging the gap

communication

Swinton’s Anne Kirk argues that helping customers get informed about insurance is the key to retention.

It’s fair to say that insurance cover isn’t always the easiest thing in the world for consumers to understand – something the insurance community hasn’t always helped to address.

Though policyholders should always be encouraged to do their due diligence when buying cover, the onus should be on brokers and insurers as the experts to make it as simple as possible.

Not doing so can lead to customers not understanding their cover, which can mean dissatisfaction and unhappiness in the event a

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Founder and director of Gambit Insurance Solutions and co-Chair of iCAN Ajay Mistry believes small brokers need to be more assertive in the soft market and predicts at least one insurer will launch a product in which over 80% of the commercial underwriting workflow is transparently AI-driven.

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