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INSURERS HIT RESET BUTTON TO DEVELOP NEW PRODUCTS
| 题名： | INSURERS HIT RESET BUTTON TO DEVELOP NEW PRODUCTS |
| 正文语种： | eng |
| 作者： | ALEX WRIGHT |
| 摘要： | The insurance add-on market almost ground to a halt over the pastyearas the COVID-19 pandemic took hold. With fewer vehicles on the road during the various lock-downs, demand dropped right off.Added to that, insurance firms have come under increasing pressure from the Financial Conduct Authority (FCA) over concerns that existing customer prices have been continuing to rise at renewal, with new rules clamping down on the practice introduced in September 2020.But many suppliers have used the downtime to reset and develop new products better suited to customers' ever-changing needs.Add-ons can include, but are not limited to: protected no claims discounts, uninsured driver cover, windscreen cover, legal expenses, courtesy or hire car, breakdown (UK/European), personal injury cover, personal belongings cover, key cover and wrong fuel cover. |
| 出版年： | 2021 |
| 期刊名称： | Automotive Management |
| 期： | Aug. |
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