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Instant Insights / 2021: Insurance trends and issues to watch

After a year as challenging as 2020, insurance professionals and insureds looking at 2021 with a positive outlook. But that doesn’t mean they are resting on their laurels. Now is the time for agents, brokers, and insurers to strategize for the months ahead. These articles provide insights into the insurance and risk management trends to keep top-of-mind this year.

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Considering factors such as board diversity, ESG activism and the more litigious environment will be critical for managing D&O insurance programs going forward, according to Marsh LLC. (Credit: HAKINMHAN/Shutterstock.com) Considering factors such as board diversity, ESG activism and the more litigious environment will be critical for managing D&O insurance programs going forward, according to Marsh LLC. (Credit: HAKINMHAN/Shutterstock.com)

The global commercial insurance markets felt the pressure this year, particularly among U.S. D&O buyers, as the sector saw pricing jump more than 50% during the fourth quarter, according to Marsh LLC, which reported in excess of 90% of its D&O policyholders renewed with rate increases.

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Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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