2019 marked the beginning of an increasingly turbulent marketplace for excess casualty. Amid market corrections, the pandemic, and economic upheaval, many organizations made the decision to purchase less limit, despite growing exposure in the form of more frequent and severe liability losses.
While the insurance industry has traditionally relied on the past to make predictions about the future, buyers must drive facing forward from here on out. This includes when setting excess casualty policy limits.
Read our new briefing to learn more about how advanced analytical tools — and emerging products, such as Lockton’s new Back Up and Top Up offering — can help you make the best possible excess casualty insurance program decisions.