Anticipated market impacts for insurers
Following the announcement of the General Insurance Pricing Practices (GIPP) rules, much work was undertaken by market participants (brokers, MGAs, Insurers and price comparison websites) to ensure compliance, to anticipate market impacts and to plan their responses.
Now that the rules have spent some time in effect, we are starting to better understand the immediate impacts and can consider how the market may evolve from here.
Curinos and Oliver Wyman, a global leader in management consulting with offices in over 70 cities across 30 countries, present General Insurance Pricing Practices, a review of price changes, industry trends, and Curinos’ Renewal Outcomes Benchmark.
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