Risk managers should not fund insurers’ inefficiencies, warns Baron

Franck Baron, chairman of Parima

Franck Baron, chairman of Parima, used his closing remarks at the association’s Resilience Week to warn insurers that they cannot expect customers to bolster their profits by accepting higher prices if they are not willing or able to tackle their own bloated cost bases and inefficient systems. Mr Baron accepts that Parima members enjoyed the long soft market along with…

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