Troubled waters.
Some insurers who have lost out in the recent floods may be tempted to cut back on surveys and inspections to boost short-term profits, says Rachel Gordon, and brokers are seeing an opportunity to plug the risk management gap.
Risk management is a double-edged sword for insurers. It is the mosteffective way of preventing claims, but a thorough service is costly.
As a result, it is rumoured that some insurers are cutting
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