Rising concerns in industry

Almost half of delegates attending the COVER Protection Forum cited service in the protection market as their biggest concern. Yet despite this, 73% of respondents to a delegate survey expect to be doing more protection business in five years' time. Only 24% expect to be doing the same amount or less business than they do now. In a survey carried out prior to the event, respondents were asked about their concerns regarding certain aspects of the industry. In addition to service, 28% listed rising premiums as the biggest concern facing the protection market. Reduced capacity and the...