Thanks to the ever-increasingpopularity of youth sports—and the desire of kids of all ages tostay fit and have fun—the amateur-athletics market is a relativelyhealthy segment of the property/casualty arena, providing areas ofopportunity for agents experienced in this field to grow theirbusiness.
Despite a slight dip in some sports due to the economy—insurershave seen a drop in paintball players and the frequency of play,for example—business is good for the most part, say experts thisniche.
“We're seeing a little bit of erosion, but there's a largeuniverse for this [insurance type] out there,” says Tony Pulgine,president of MIC Insurance Brokerage Inc. in Naperville, Ill. “Evenwith the economic downturn, we have not seen a significant drop insports clients. Parents want to do whatever they can to keep theirchildren active.”
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