Broker clients ‘more responsive’ to broadening cover due to BI backlash – McCarron Coates

By Katie Scott2021-01-25T08:12:00

Commercial clients want wide coverage without the price tag, while insurers are trying to recoup returns, says broker director

Commercial clients are “more responsive” to exploring broader coverage options and looking in more detail at policy wordings following the dispute surrounding business interruption (BI) insurance claims linked to the Covid-19 pandemic, said Ian McCarron, director and co-founder of commercial wheels broker McCarron Coates.

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