Change Is Coming to the P&C Market in 2023

There are significant changes coming to the Property & Casualty insurance market this year as a result of fast-paced premium growth, the increasing ubiquity of artificial intelligence, and some changes to the regulatory space that are on the horizon. 

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Demand for specialized coverage products is leading to near record-breaking growth in the Managing General Agents market, with estimated US premiums in the range of $70 million, and a slew of regulations and court decisions coming down the pike will make compliance efforts all the more demanding without effective outside consult and partnership to help navigate the changing regulatory environment. 

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You can read more about what’s coming next in the Property & Casualty space and the opportunities afforded to clients and brokers alike here.