Insurers get tough on costs
- Greater demand to reduce spend - 'More innovation required' by suppliers to insurance trade - Aviva backs 'open book' approachPress release 30th March 2012 Insurers demanding ‘open book’ approach to purchasing INSURERS are demanding so-called ‘open book’ deals with suppliers in order to drive down costs, say procurement experts. Banner Business Services, is one of the UK’s largest stationery suppliers includes Aviva, Allianz, Friends Provident and Ecclesiastical as clients. It says a trend of agreeing acceptable margins with suppliers in an open, transparent way is