Commercial P-C Survivors Weather Perfect Storm
In the world of commercial lines insurance, a number of insurers have been voted off the carrier island by rating agencies and regulators in recent years, but a group of survivors claims to have weathered the “perfect storm” as they prepare for the challenges of the years ahead.
The survivors that spoke to National Underwriter late last year had a common list as they described the preparations theyve made to stay on course in 2004without the hard market headwind to drive profits. After undergoing extensive repair jobs, they say they are not simply “focused” on core products, but they are also externally focused on customers and agent partners.
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