'Off the shelf' products and 'ridiculous' coverage components driving up insurance prices: Aurora's Finn
Unnecessary coverage components, driven by lack of flexibility and legacy system is driving up price of insurance, but insurers are expected to move to a more agile way or pricing in the future.
Founder and CEO of Aurora believes the industry is suffering from an epidemic of legacy systems dictating a lack of flexibility, and therefore insurers are only able to offer “off the shelf” products
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