Generally, the positive aspects in the motor insurance business are not generated by the industry itself. In many cases, certain improvements are introduced due to the regulation. One of the big regulators is the European Commission and I think the Motor Insurance Directive introduced many changes in the motor insurance business, providing for higher and real rights to the victims and to the injured persons.
I have been very fortunate that I had the opportunity during my professional career to be closely associated with many important reforms which - I can say - have had important consequences for society, Karel van HULLE, KU Leuven and Goethe University Frankfurt told the STORY LAB show's viewers.
"I have learnt to appreciate insurance. It is very different from banking. It attracts a different kind of people," Prof. Karel van HULLE has confessed at the STORY LAB show's microphone in the first episode of the new series of interview launched by XPRIMM yesterday.