We have just completed renewals in a second successive environment where no general increases have been sought – this has proved challenging but we are confident that we have achieved the best deals for our clients.
As soon as 20 February 2018 has passed, we find ourselves looking forward to 2019. So where do we see the market going, and what factors do we see as influencing the market and the rates at the next renewal? As our headline would suggest, we see the market as being at a crossroads – indeed, if it were possible, at two crossroads! The first crossroad concerns the underwriting environment, and the second concerns the way Clubs operate – both individually and collectively.