Editor’s letter - October 2011
“The government, always keen to jump on a bandwagon, has taken up public concerns over soaring premiums”
Our focus on claims this month is timely as the profile of this sector has never been higher, and rightly so. Something is very wrong with a structure that sees brokers benefitting when their client has an accident. Indeed, insurers and brokers selling products at rock bottom prices, or even at a loss, knowing their profit will be made through referral fees or the sale of add-on or ancillary products is plain wrong.
There is something fundamentally flawed in the way the private motor market
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