Structural change.
The engineering sector is adapting its strategies in light of increasing customer demand and legislative change. Ian Calder says brokers and insurers should steel themselves towards stronger partnerships to take it to the next level.
There is nothing as constant as change. For customers of the UK'sengineering insurers, change is often driven by the need to control
resources, raise productivity, improve returns and install new production
techniques.
More demanding customers, advancing technology and tightening market
conditions are the catalysts in the engineering insurance market. Insurers
are responding by making changes to their marketing and distribution
strategies and developing products that address present and future
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