May 07, 2018 at 12:28
On.Live Extends Insurance Companies Business Through Live On-Line Presence
Insurance industry businesses underwrite insurance policies relating to property, casualty, liability and other general risks. In the UK alone there are over 500 individual companies covering full spectrum of insurances from legal to personal property. In recent years’ whole industry is in steady growth, with prediction of annual climb at a compound rate of 3.2% in years 2016-2021. The UK insurance industry is worth around 55bn pounds in revenues and 4.2bn in profit annually. Yet in its report UK Department for International Trade doesn’t foresee any substantial growth in employment throughout the industry.