Joe Allen believes this perspective is both unique and effective but one he is also willing to share with everyone, even ship owners who employ rival security firms.
Booz Allen has calculated that, while market concentration in Britain, as measured by the market share of the top five insurers, has risen from 22% in 1990 to 36% in 1998, insurers' expenses as a proportion of premiums have gone up from 29% to 33%.