Two distinct markets are emerging as we progress through 2023. On the Property insurance side, we're seeing some rate reductions, but there are still challenges on many accounts. Within the Casualty insurance and Liability classes, we're seeing less challenging conditions.
This report includes thought leadership from the Market Relations team of Gallagher Global Brokerage Canada and focuses on general trends in the Commercial Property insurance, Casualty insurance, Umbrella insurance, Management Liability insurance and Cyber insurance marketplaces for Q3 2023.
You should be working with an insurance broker who understands the highly nuanced nature of the insurance market and specializes in your particular industry or line of coverage.
