Keeping up with insurance market cycles
It can be difficult to keep up with industry changes. Join an upcoming webinar to learn how insurance cycles impact coverage, claims and more.
Insurance markets are notoriously volatile — there are hard markets, and there are soft markets. Just as brokers, underwriters, claims adjusters, and clients become accustomed to the standards of one market’s condition, it begins to shift. Whether markets are affected by a recent natural catastrophe that firms up rates, or societal issues, such as the ongoing coronavirus, or social inflation, which impacts underwriting, pricing and claims, we can expect insurance to continue its cyclical nature.
For insurance professionals, it can be a challenge to understand what drives these different markets and the impact they have on insurance claims. But an upcoming free webinar will address those questions and more.
Join Karen Sorrell, CPCU and associate editor of FC&S Expert Coverage Interpretation, and Patti Harman, editor-in-chief of Claims Magazine, in the free, live webinar, “Hard Markets, Soft Markets, and Social Inflation,” on Wed., March 18, 2020, at 2:00 p.m. EST/11 a.m. PST. Discussions will include the interplay between insurance coverage, policy language and jury verdicts, and how they are driving the cost of claims beyond the policy limits.
While it can be challenging to keep up with the latest industry changes, being prepared to navigate future market conditions is key to maintaining a competitive edge and providing best-in-class service.
Mark your calendars now and register to join our free webinar, “Hard Markets, Soft Markets, and Social Inflation,” broadcasting live on March 18 at 2:00 p.m. EST.
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