Buyers Face Challenges Galore
Corporate insurance buyers, who had been on cruise control foryears during the long, soft market, are facing a host of challengesin what promises to be another very difficult year ahead. Among thehurdles they need to clear:
The hard market. Risk managers, CFOs and CEOsare going to have their hands full trying to contain soaringinsurance costs, as well as compensate for shrinking limits andcoverage, at a time when the heat is on to control expenses withthe economy still in the doldrums.
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