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Market complexity - a broker's view

Risk & Analytics
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August 25, 2020

Clyde Bernstein, Head of Broking – GB, Willis Towers Watson discusses insurance market complexity.
Market complexity : A broker's view

Clyde Bernstein, Head of Broking – GB, Willis Towers Watson discusses insurance market complexity.

In previous market cycles, when negotiating power pivoted from the insurance buyer to insurance seller, market hardening typically lasted for a shorter timeframe than the competitive and prolonged period that preceded it.

It is difficult to predict the length and severity of a changing market and while new capital has been raised to take advantage of improved insurance conditions, other factors may make this period different from those that went before.

There has therefore, never been a more important time to consider how to quantify risk, determine what to buy and from whom.

Listen to the video to hear more.

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Clyde Bernstein
Head of Broking, GB

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