As construction projects and the transportation of goods begin to ramp up again as the economy improves, insurers in the Inland Marine market are beginning to benefit.
Transportation and Construction are Inland Marine's largest lines; together, they account for approximately 50 percent of the commercial Inland Marine market.
In the Construction sector, Michael Berg, global Inland Marine product leader for Allianz Global Corporate and Specialty, has seen increased interest in Builder's Risk: Demand has been steadily improving for a year now, he says.
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