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Nat’l Accounts Expanding, But Alt. Market Threat Looms

Within commercial lines, the national accounts market segment is viewed a bit like the U.S. government. Everyone knows its big, but its tough to pin down quite how big it really is. Everyone suspects that its growing, but no one seems to know by how much.

And, as with the federal government, most everyone has an opinion about just how much of a contribution it really makes to insurance industry results–or, in the case of the federal government, to our collective well-being.

Data recently compiled by “MarketStance” reveal that the large-account segment has grown markedly over the past 15 years. Large U.S. businesses now account for almost 64 percent of all U.S. business receipts.

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