Industry rift over regulator participation in PMI e-trading
The Association of Medical Insurance Intermediaries (Amii) and Groupama have clashed over whether the regulator should step in to help shake up e-trading in the private medical insurance (PMI) sector.
Groupama conducted a survey at Amii's annual general meeting, which revealed that 79% of broker delegates felt e-trading in the small to medium-sized enterprise (SME) PMI market trailed far behind the rest of the general insurance sector.
Both Groupama and Amii agreed that the lack of claims
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