Invest to impress

During tough economic times, should insurers hold off making strategic IT investment decisions or continue the drive to create more efficient and robust operations going forward? Chris Maddox weighs up the arguments

The global recession has predictably led to reductions in spending and capital investment across the board - and the insurance industry is far from immune. It now faces difficult decisions on

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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