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Insurance Business | 23 Jun 2016, 11:00 AM Agree 0
Company’s CEO says that brokers won’t lose a foothold to robo systems – but is that really the case?
  • Richard T-J | 23 Jun 2016, 01:55 PM Agree 0
    Travelers' new platform won't have a massive impact on brokers, however if other insurers follow suit then there could be.

    Regardless, I think the most worrying aspect of this interview is the idea that buyers paying less than £1,000 don't need advice. In my experience it is those businesses with the least amount to spend that need the most advice.
  • Sandy V | 06 Jul 2016, 11:56 PM Agree 0
    The issue is simply cost: if B2C works out materially cheaper for customers (which the FCA believe should be the case) then the traditional distribution model will come under pressure.

    The question is whether the industry would actually do that?
  • Sandy V | 06 Jul 2016, 11:56 PM Agree 0
    The issue is simply cost: if B2C works out materially cheaper for customers (which the FCA believe should be the case) then the traditional distribution model will come under pressure.

    The question is whether the industry would actually do that?
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