Stephen Glazier’s Post

According to a recent report by S&P Global Market Intelligence, the E&S market now makes up 9.2% of U.S. total direct premiums written, up from 5.2% at the beginning of the market hardening in 2018. Almost all businesses face more complex and rapidly changing risks than a few years and the E&S market can help solve problems that come along with these risks.

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The excess and surplus market is experiencing remarkable growth, driven by evolving risk landscapes and increased demand for specialized coverage. As new challenges emerge, this segment offers vital solutions for unique and complex needs. However, questions remain about the sustainability of this growth. It’s essential to stay ahead of market trends and understand the factors influencing this dynamic sector. Dive into the latest insights and explore what the future may hold for the excess and surplus market. #MEAA4U

Analysts predict strong financial results as premiums rise and investment returns soar. Key shifts in strategy & a focus on technology are set to drive performance. See which sectors have the brightest outlook and which are still facing a few challenges: https://innmb.com/3vTIBlD

Our favorite quote from this article is what Diane Delaney said about phrasing what independent insurance agents actually do for their high net worth clients as, "My job as your insurance advisor is to make sure we’re protecting what’s most important for you and your family to maintain your lifestyle,”. That messaging is what most savvy buyers in this demographic want, and really need, to hear. Excellent article! #affluent #insurance #independentinsuranceagent

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Great article on the outlook of the high net worth client within insurance. In a market where having coverage for most is a luxury in in of itself, the high net-worth carriers continue to strategically create flexible and cost effective solutions that adapt to market trends.The Cincinnati Insurance Companies, PURE Insurance , Chubb , or and other high net worth carriers I have seen first hand provide excellent service, coverage, and premium that are perfectly tailored to the private client. Excited to see how the high net-worth space continues to grow and be a beacon within a chaotic insurance market!

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Gallagher’s latest report analyses these developments, offering insights into the regional dynamics and trends that are shaping the D&O landscape as the industry moves into 2024. https://hubs.la/Q02rwzZF0