Retail therapy.
Insurers are fighting hard for their market share in the retail sector, and in an area where rates are starting to rise, e-broking is beginning to play a more important role in securing business, says Simon Threadgold.
A walk round any city centre reveals that plenty of independentretailers are surviving despite the growth in big out-of-town shopping
centres. Most of these retailers represent desirable risks for insurers,
who are keen to retain as many as possible. However, these same insurers
are trying to push through rate increases and cutting back on
discretionary discounts.
This is happening very gradually, according to trade and area. Prices went
up last year and are due for a further rise. The average
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