Insurance 'dodginess' makes the main stream press

Insurance 'dodginess' makes the main stream press

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anonymous-user

Original Poster:

59 months

Friday 14th January 2011
quotequote all
Question is whether reduced information sharing will make the market more competitive as firms fight for business more aggressively on price versus an 'unseen' competitor, or will it make prices sneak up as firms err on the side of caution and price realistically on risk rather than 'beating the competition'

http://www.dailymail.co.uk/news/article-1346979/Cl...

Edited by anonymous-user on Friday 14th January 08:01

Matt UK

17,931 posts

205 months

Friday 14th January 2011
quotequote all
Got a link to the article?

ZOLLAR

19,911 posts

178 months

Friday 14th January 2011
quotequote all
Although seven insurers were involved there are plenty of other insurers in the market so if they kept their prices high policyholders would have simply gone to the ones not involved in matching rating factors?.