Marketplace Insights- June 2023

The insurance market thrives with Lower Rates and Increased Competition! After what may have been the hardest market in more than two decades, there are signs that the market is opening for business.

Commercial clients and specialty brokers have more choices. There are new and innovative insurance companies entering the market, and this encourages other companies to improve and take on new risks. However, challenges like economic issues and disruptions still exist. To benefit from this stable market, keep your records up to date and work closely with your broker and risk manager.

Read the latest edition of our Marketplace Insights, Cautious Optimism, to keep track of current trends and upcoming forecasts in the property, liability, auto, D&O, and cyber spaces. Don’t miss the opportunity to stay informed and make the most of the evolving landscape. Click the link below and learn more about the current market.

To download the insight, click here: 2023_June Marketplace Insights_LloydSadd