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Industry must break ‘reactionary dynamic’ with SME market

SME shake

Current approaches to SME insurance are too reactive and cyclical, and are contributing to underinsurance, according to Markel UK managing director Lee Mooney.

Speaking at yesterday’s (3 February) Association of British Insurers Annual Conference 2026 at a panel covering underinsurance among SMEs, industry figures remarked on a recent ABI report which

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