Growing the UMA market

How do you expect the UMA model to change over the next five years?

UMA’s are under pressure to provide value to those brokers that place business through them.  With loss ratios under extreme pressure, UMA’s are finding it difficult to buy business at cheap rates and still manage to turn a profit.  To remain viable they have to offer brokers something that the insurer cannot provide either by way of exceptional service or expertise.  I believe that only the best will survive.

Coffee with COVER Apr 14 LR