Highway pledges to stand firm next to brokers
Highway outlined its strategy to cope with a soft market in 2004 at this year's annual broker club i...
Highway outlined its strategy to cope with a soft market in 2004 at this year's annual broker club in Essex, pledging to "stand firm next to brokers" hit by hard markets, Financial Services Authority (FSA) regulation, and insurers "jumping ship" to sell policies direct.
After disappointing half yearly results, the motor insurer predicted another difficult year, with its combined ratio rising by five percentage points from its current level of 90%. It also warned its top intermediaries not to
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