Blog: Should insurers be concerned about The Great Cancellation?
The cost-of-living crisis is driving the great cancellation as people cut non-essential purchases. Streaming services such as Netflix, and gym memberships were some of the first to go. Bob Meier, product solutions manager at EIS, considers whether insurance could be next?
Consumers are rightfully cautious in the face of inflation: wild market volatility and the western world teetering on the brink of recession. They’ve even cut back on their Netflix subscriptions in a
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