News

Opinion: Alphabet soup?

By 2024-02-07T10:00:00

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Deputy editor Yiannis Kotoulas asks just how important the initialisms and acronyms that we make use of every day in the insurance sector are

By Yiannis Kotoulas

Working in the insurance industry does have the effect of familiarising people with a veritable alphabet soup of initialisms and acronyms. 

New entrants to the sector can get initially lost in conversations as seasoned pros talk a mile a minute about the likes of COR (combined operating ratio), GWP (gross written premium) and EVs (electric vehicles) – but quickly learn as they get stuck into their careers. 

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