Riding high.
Motorcycling is currently enjoying a resurgence in popularity, but writing this class of business has its problems of which insurers and brokers should be aware, says Richard Alger.
At the close of the last millennium, there was a resurgence in thepopularity of motorbikes. The motorcycle industry saw a boom throughout
the 1990s, and by 1998, sales were increasing by 20% year on year. This
rapid growth has raised several issues of importance to the insurer and
broker.
Firstly, there is the advent of the race replica or supersports bike,
which now account for around a third of new bike sales. However, these
bikes are inevitably more attractive to thieves, and there has been a
si
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