Commercial Lines

Employers are more aware than ever that employee caregivers represent a large portion of their workforce and require more assistance to stay on the job.

Laws against using forced labor is creating risks for importers without complete visibility down their supply chains—while presenting an opportunity to insurers.

The limitations of territory-based rating can become a thing of the past because of increased access to location-specific data and risk scores.

12% of commercial lines insurer executives say their businesses are just in sustaining or surviving mode this year following a challenging 2022.

AI's capabilities have surged so much that it has the potential in 2023 to dramatically raise the quality of claims handling and underwriting in workers’ compensation. 

Insurers started 2022 in a position of strength and still are in a good spot to drive down costs and increase demand, unless rising claims costs and market volatility continue.

The assortment of massive claims events in 2022 has made insurance more desirable for buyers and insurers more nervous.

Technology will allow carriers to develop new products with greater efficiency, speed and economy than ever before.