Taylor claims challenges have "never been tougher"
Max Taylor, Biba chairman, warned delegates that "the challenges facing brokers and insurers have ne...
Max Taylor, Biba chairman, warned delegates that "the challenges facing brokers and insurers have never been tougher". Taylor said working with the regulator, as well as challenges such as the Buncefield explosion and terrorism, are contributing to the demanding insurance environment. He said that natural catastrophe losses were doubling every 10 years because the "wealthy" are moving to areas that are prone to such catastrophes.
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