Market Views

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With Big-T and Little-T underwriting now common and significantly reducing non-disclosure issues, do you feel the industry is ready for a tele-claims service? Is there a demand for this, and is it necessary?

Chris Hulme, Clayton Hulme Partnership Non-disclosure has long been an issue faced by insurers and the insured across the land, spanning all forms of insurance resulting in bad feeling and clients’ views of “they won’t pay out if they can help it.” It stands to reason then with advances in technology and medical science that underwriting can be streamlined and significant cost savings achieved for insurer and the insured. The demise of the GPR with its increasing costs and delays in such reports being sent to insurers to Big-T and Little-T scenarios of tele-underwriting brings about ...

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