Hospitality industry to benefit from increased competition in insurance sector

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New personal injury guidelines have fostered competition in the insurance industry and will lead to lower quotes for restaurants, pubs and hotels

Businesses in the hospitality sector are set to benefit from improved competition in the insurance market, a leading Irish provider has said.

According to CFM Group, new personal injury guidelines is fostering competition in the sector, leading to more quotes at lower prices for restaurants, pubs and hotels. The Dublin-headquartered firm said that the new measures have reduced the number of spurious claims being made and resulted in the hospitality sector being more attractive to ...

 

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