Blog: An era of change for motor insurance - By Bits' CEO Rimmer on things to consider to avoid being overtaken
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With the insurance industry facing an identity crisis in light of the Financial Conduct Authority's focus on price-walking, usage-based insurance has been suggested as one route to a brighter and more hopeful future for consumers and insurers alike. Callum Rimmer, co-founder and CEO of By Bits, explores five things the insurance market needs to consider in order keep pace with change.
The insurance industry is in the middle of a well overdue identity crisis. For too long activity has been predicated on price. Yet, in an era of changing regulations and customer expectations
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