Historic data for pricing is ’no longer applicable’, says Allianz head of motor
One of the UK’s leading commercial motor underwriters says the sector is still trying to come to terms with a cocktail of challenges that have been caused by a series of systemic events over the previous five years
Gerry Ross, head of motor at Allianz, says the industry has been faced with the need to effectively end the traditional approach to the underwriting of commercial vehicles – with the practice of using historic data for pricing no longer applicable.
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