Owning a car is less and less appealing to consumers at first sight. In recent years, they have turned more to leasing (long-term rental) and car loans. In 2021, leasing accounted for nearly half of purchase financing for individuals.
The new points of vigilance to observe for insurers:
– respond to regulatory issues (LCB-FT),
– reduce file processing time.
*Source: Cabinet C-Ways
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