Being a trade publication Insurance Journal often has what are really press releases from industry members.
Not a big deal…just a reality. Insurance Journal is not a news resource.
We are large regional with national capabilities and though we don’t play in Zurich’s leauge, we are seeing the same things – though to a lesser scale. Smart insureds are choosing to buy from us instead of struggling and small regionals that can’t deliver anything but price. We’ve been seeing an increase in submissions lately as well, with our agents telling us that they like our stability, our ability to deliver good service and consistency. Our price is competitive but not the cheapest on the street. I feel sorry for those small regionals that are facing 100+ combined ratios, falling investments, return premiums on audits, and significantly increasing treaty reinsurance premiums.
Is this a “news” story or an advertisement for Zurich?
So, basically they’re the same as just about every other media outlet.
Being a trade publication Insurance Journal often has what are really press releases from industry members.
Not a big deal…just a reality. Insurance Journal is not a news resource.
Bitter……….party of one!
Paul……hate the game not the player!
We are large regional with national capabilities and though we don’t play in Zurich’s leauge, we are seeing the same things – though to a lesser scale. Smart insureds are choosing to buy from us instead of struggling and small regionals that can’t deliver anything but price. We’ve been seeing an increase in submissions lately as well, with our agents telling us that they like our stability, our ability to deliver good service and consistency. Our price is competitive but not the cheapest on the street. I feel sorry for those small regionals that are facing 100+ combined ratios, falling investments, return premiums on audits, and significantly increasing treaty reinsurance premiums.