Delegated authority accused of being a 'problem child' for the insurance industry

Alternative lending on the up but confusion persists

The founder of the recently launched Delegated Authority Exchange platform aims to address the “problem child” that has plagued the industry “for a long time now.”

Clare Knight, CEO and co-founder of recently launched platform Dax, said: “Delegated authority has been a problem child in the insurance industry for a long time now. Expense ratios are cripplingly

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