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