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Continued advances in big data analytics mean that motor insurers will increasingly shift the responsibility for risk mitigation to your commercial clients. They will expect you, the country’s non-life insurance brokers, to work closely with your clients to evaluate, identify and mitigate on-the-road risks in real time. This emerging reality became apparent during the virtual launch of the Netstar Connect Report 2020/21.
One in five individuals are interested in purchasing a cyber insurance policy, according to GlobalData’s 2020 UK Insurance Consumer Survey, as interest from the commercial space moves into personal lines.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?