London market must explain contract certainty
The London Insurance market risks losing custom if it fails to explain to the rest of the world the huge impact contract certainty will have on its practices, says Reynolds Porter Chamberlain, the City law firm.
Contract certainty is the attempt by insurers and brokers to ensure that the terms of cover in insurance contracts are agreed before a policy becomes effective. Currently, it is common for brokers andOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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