Buyer associations urge market to change behaviour as ‘long-term’ hardening sets in

Jörg Henne, managing director of GVNW

GVNW and Airmic have warned that the hardening insurance market will be a long-term, seismic shift, after recent membership surveys revealed big changes in the price, scope and availability of cover. The surveys also showed widespread dissatisfaction in the way insurers and brokers are handling the changing conditions, with the associations keen to let the market know it could lose…

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