Radical rethink needed on annual contracts
A senior broking figure has called for a review of annual contracts, claiming that multi-year produc...
A senior broking figure has called for a review of annual contracts, claiming that multi-year products would better insulate clients from the peaks and troughs of the underwriting cycle.
Speaking at a session on building reputation at The UK Insurance & Financial Services Conference & Expo recently, Toby Foster, chief executive of UK retail for Marsh, urged the industry to carefully and seriously examine the potential alternatives.
Responding to a question from Robin Foster-Taylor, managing
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