Capacity Worries Loom In Cybermarket
Just a few years into the development of agrowing specialty market, experts in the property-casualtyinsurance industry admit theyre worried that theres not enoughcapacity available to cover an emerging set of risks.
“The critical thing to consider, I think, is what happens whenyou have a client with major needs for limits–not $25 million, but$100 million, $200 million. What happens when we actually have amajor event–and what happens to the marketplace after that majorevent,” said Emily Freeman, national practice leader of thee-Business practice for Marsh USA in San Francisco.
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