MikeInWimbledon
Hardcore MB Enthusiast
- Joined
- Nov 8, 2014
- Messages
- 12,685
- Car
- (Ex S211 E500, W212 E500, C216, S212 E500, W211 E500 5.5, W221 S500, S211 E500, SL500, S500, E55)
Motor insurance was always expensive in the past because there was not much choice in the market and premiums were regulated by the Motor Insurers Bureau . It's much cheaper now in relative terms due to the massive influx of competition in the market.
IT has transformed the ability to quote and process enquiries and orders. Tech manages the whole cycle which was previously done on your high st by birds who had left school at 15 or 16, who looked in large ring binders, filled in forms, and posted off the paperwork.
The tech has made it all far faster, cheaper and more nuanced.