In this video interview Dominic Casserley, CEO of Willis, gives a quite guarded suggestion that B2B insurance may be starting along the journey of disintermediation that we have seen in banking over the last couple of decade
There is some evidence that the whole insurance chain in B2B insurance could be starting to enter the disintermediation process that we saw in banking, where in the ’70s, ’80s, ’90s, and early 2000s we saw a decline in the relative amount of volume that was going through the traditional banking markets, because direct capital-market disintermediation of that process increased. There’s some evidence that we may be in the early stages of that happening in the insurance field, in the B2B-insurance field.
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