This year presents a double-edged sword to the insurance industry, with rates well below prior periods and a dangerously sluggish economy. The well-known market cycle curve may be near the bottom. At least, most in the insurance industry would like to think so.
Yet even in this soft market, there are areas of opportunity. The landscape of program managers, too, has changed as a result of growing national wholesalers.
Program managers are finding competition that didn't exist in prior years as traditional markets are expanding their appetites and loosening their guidelines to offset shrinking portfolios. Many classes of business once considered too niche or difficult to be handled by traditional markets are finding more carriers willing to entertain their exposures.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
