Motor insurers may have felt calmer waters were ahead this year. A more benign environment facilitated by legal reforms, a better handle on fraud and greater pricing stability all seemed to signal improved trading and the opportunity to turn in a profit. Instead, cue the Jaws music.
Not one, but several dangerous sharks are circling: driverless cars and changing liability requirements; rapacious motor manufacturers wanting a slice of the insurance action; and the ongoing sheer cut-throat competitiveness of the market all pose threats.
But can these challenges be turned into opportunities? Download Post's article to find out.