Small commercial set for commoditisation.
Small commercial products are set to become increasingly commoditised, according to attendees at the...
Small commercial products are set to become increasinglycommoditised, according to attendees at the event.
David Bevan, deputy general manager of St Paul, said: "Brokers are making
£20 on £100 premiums - I don't know how they can cover their costs. They
are subsidising small commercial business with other business."
Bob Eveleigh agreed, stating: "The bottom end will be commoditised - and I
mean on business worth less than £5000. Increasingly, we won't do business
under £100. The expense ratios are
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