Developments in property underwriting - Innovate to accumulate
The development of innovations such as mapping technology have historically been a result of market losses instead of forward-thinking measures. However, Bernard Mageean explains that, in order to be truly successful, the insurance sector needs to turn this trait around and get ahead of the game
Perhaps it is a natural consequence of being part of an industry where past experience has historically driven future activity, but the insurance sector is not generally noted for business innovation
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