Ageas' Watson calls for tripartite reduction to counter compensation culture
A tripartite approach that involves a reduction in the level of general damages, limitation period and recoverable costs is the “only way” to address the so-called compensation culture, according to Ageas UK CEO Andy Watson.
Watson, pictured, was speaking as part of an event hosted by the Association of British Insurers today (7 September) in London, called Next Steps in Tackling the Compensation Culture.
"These three
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