Thirdly, when they make the decision to offer capacity, how much they will offer, they may be more focused on the price adequacy that they need to charge in order to do that.
“It gives the insurance company first-hand experience in terms of how the business is run, what’s going on on project sites, policies and procedures,” said McCallum.
“It never feels good to have someone come and check up on whatever it might be, but it is an opportunity,” he said.
“Insurance companies are in the business of offering insurance to customers.
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