Claims service and innovation key for HNW firms in over-crowded market
High-net-worth insurers must prioritise claims service levels and product innovation if they are to maintain a foothold in an increasingly over-populated market, according to broking and claims experts.
Traditional market players, such as Hiscox, Chubb and AIG, are being forced to compete with a growing number of non-established HNW insurers as the wide margins associated with HNW continues to appeal
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