Jeffrey Skelton: Industry could be entering ‘renaissance period’ for new insurance products

Jeffrey Skelton MD UK  Ireland InsuranceLexisNexis Risk Solutions

Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD

The insurance industry could be entering a “renaissance period” for “launching new products and consumers actually being ready for them” following the Covid-19 pandemic and the corresponding increased demand for usage-based motor insurance policies, said Jeffrey Skelton, managing director for Europe at LexisNexis Risk Solutions.

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