Markets are too soft, and too much surplus is chasing too little premium.
Try to be an underwriter today– I think it is true almost everywhere that you must do more with less, handle books that are too large or service too many agencies, and meet unrealistic production expectations.
I think that is true of a lot of things, not just underwriting or insurance. It sure feels like everyone is being pushed too hard to do too much with too little. We have all of this technology, all of these resources intended to improve efficiency, yet we are busier and more stressed and have less free time & leisure than ever before.
I think a huge majority of people would agree that the hamster wheel needs to slow down.
Markets are too soft, and too much surplus is chasing too little premium.
Try to be an underwriter today– I think it is true almost everywhere that you must do more with less, handle books that are too large or service too many agencies, and meet unrealistic production expectations.
I think that is true of a lot of things, not just underwriting or insurance. It sure feels like everyone is being pushed too hard to do too much with too little. We have all of this technology, all of these resources intended to improve efficiency, yet we are busier and more stressed and have less free time & leisure than ever before.
I think a huge majority of people would agree that the hamster wheel needs to slow down.