Blog: The unrated conundrum - cover at all costs, but who pays the price?
There is a growing list of failed unrated insurers that continue to hit the headlines. Dean Bedford, underwriting director at CLS Risk Solutions, asks what is the answer to the unrated conundrum? Is unrated always bad, who is responsible and who pays the price?
Presuming brokers are transparent and compliant in their sales processes, then it is the customer’s choice to buy. If a levy is inflicted on the broker will that stop the customer being affected? With
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