Allianz to ditch condition of average for underinsured SMEs
Allianz will remove the use of averages for SMEs that are underinsured despite recognising such a move could affect its trading results, the insurer announced among other measures today (25 January).
David Martin, director of SME markets, pictured, said the FCA's thematic review on insurance claims handling for SMEs, which outlined 40% of SMEs could be underinsured, was an issue Allianz was
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