Addendum to the 2020-2021 Commercial Property & Casualty Market Outlook
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Cyber Insurance Update as of February 2021.
Learn why the cyber market has become historically hard and how USI can help clients mitigate the effects.
2020-2021 Commercial Property & Casualty Market Outlook, Q4 Update
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As 2020 comes to an end, we take this opportunity to present USI's 2020-2021 Commercial Property & Casualty Market Outlook, Q4 Update. Last June when we released our Q2 2020 Property & Casualty Market Outlook, we were just beginning to see the early impact of COVID-19 on an already hardening insurance market: rate increases, capacity reductions, and tighter underwriter scrutiny. As the full extent of claims related to COVID-19 and other events remains to be seen, our Q4 report suggests that these market trends may continue well into 2021. The Q4 update offers a better understanding of what is occurring in the market, why it is occurring, and what to expect—to help guide businesses toward a more cost-effective insurance program. For more information, read our full report.
Addendum to the Q2 2020 Commercial Property & Casualty Insurance Market Outlook
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Property and Executive & Professional Risk Updates as of 7-22-20.
Q2 2020 Commercial Property & Casualty Insurance Market Outlook
Click to read the Q2 2020 P&C Insurance Market Update
As we enter the third quarter of 2020, we take this opportunity to present USI's Q2 2020 Market Outlook. While it is too soon to determine the full impact of COVID-19 on the Property & Casualty insurance industry, markets are facing unique and interrelated challenges that industry insiders feel will continue through 2020 and well into 2021. In fact, as rate increases, capacity reductions, and other negative trends continue to harden the market, the industry faces a number of challenges and uncertainties resulting from the ongoing COVID-19 pandemic. The Property, Umbrella/Excess Liability, Casualty, and Directors & Officers (D&O) Liability markets are currently dealing with the most significant issues. To learn more, read our full report.
About USI Insurance Services
USI is one of the largest insurance brokerage and consulting firms in the world, delivering property and casualty, employee benefits, personal risk, program and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals. Headquartered in Valhalla, New York, USI connects over 10,000 industry-leading professionals across more than 200 offices to serve clients’ local, national and international needs. USI has become a premier insurance brokerage and consulting firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary and innovative client solutions, networked local resources and expertise, and enterprise-wide collaboration to deliver customized results with positive, bottom line impact. USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities. For more information, visit usi.com or follow us on LinkedIn, Facebook, or Twitter.
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