Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD
The insurance industry could be entering a “renaissance period” for “launching new products and consumers actually being ready for them” following the Covid-19 pandemic and the corresponding increased demand for usage-based motor insurance policies, said Jeffrey Skelton, managing director for Europe at LexisNexis Risk Solutions.
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