A decade on: EL is still the bete noir of insurance
Ten years ago, Post Magazine reported that a major insurance figure had called for a hike in employers' liability rates and suggested separating the class into two - accident claims and diseases. This week, Phil Bell, the originator of those comments, provides us with an update on his views.
When I made my presentation to the London Institute in November 1992(see below), the market was very different to that of today. There were
many more insurers and brokers to give greater choice to
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