Access to affordable insurance cover
Mark Shepherd, head of general insurance for the Association of British Insurers, Ken Norgrove, deputy chair of the ABI and CEO of RSA UK&I, and Laura Evans, chief actuary of Flood Re, explain how insurers are tackling the challenges associated with both increasing risks and soaring costs in the latest Insurance Post Podcast.
In a special episode of the Podcast, recorded at the Association of British Insurers Annual Conference on 27 February, the trio reflect on the possible outcome of the government’s motor insurance taskforce, the need to raise understanding among MPs and regulators about what pushed up premiums, and whether a Motor Re could be required.
They also explain the private-public partnerships struck to try and tackle issues beyond the industry’s control, such as graduated driving licence systems, reduced speed limits and the need to deal with potholes.
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