Research shows consumers reducing cover in recession

The association is planning to release the full results at its annual conference this month but has highlighted some of the key findings for both sectors. In commercial lines, more than half of Biba brokers surveyed have seen commercial customers reduce their level of insurance protection and among these, 45% have seen clients reduce cover or take on more risk themselves.

The three most affected classes of commercial insurance were commercial combined and commercial liability. However, 14% of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: