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AAR Insurance diversifies into motor vehicle cover after nod
Absolute speeds are not the issue. The difference in speeds is. And on that count, “too slow” is probably a root cause of as many or more accidents than too fast.
Medical underwriter AAR Insurance has received regulatory nod to begin offering motor vehicle cover, marking a diversification move into a segment where many insurers have historically recorded underwriting losses.
AAR, which began operations in 1984 as a rescue and emergency services company before transitioning into an insurer in 2012, now targets coverage for motorists in a highly competitive market segment.
