Up to speed.
New insurers are being attracted to the bus and coach sector by the hardening rates. However, Steve Banner questions how many will be there to stay.
Bus and coach operators are facing big premium hikes as the insurancemarket hardens dramatically, says Peter Gomersall, a director of broker
Belmont International. "Rates are going up, and fleets have seen
substantial premium rises over the last six months," he observes.
It is a view shared by Martin Ecott, national transport director of JLT
Corporate Risks, another leading specialist broker in the field. "We're
seeing rises averaging from 25% to 30%, and the rise could be a lot more
if the client
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