© 2009 Burand & Associates, LLC The State of the Insurance Industry When Will the Market Finally Turn?
Agenda The difference between claims paying ratings and insurer stability Carrier stability How a company’s stability impacts: Agency Compensation Claims paying behavior E&O: Agents’ obligations to their clients The state of the overall P&C industry and how it impacts individual carriers. Opportunities abound for agencies willing to study the market © 2009 Burand & Associates, LLC
Agents & Brokers Must Understand: The difference between claims paying ratings and insurer stability Why stability is a strong indicator of future claims paying rating downgrades © 2009 Burand & Associates, LLC 3
4 Growth Too Fast Too Slow Too erratic See Study Available at: © 2009 Burand & Associates, LLC Warning Signs
5 © 2009 Burand & Associates, LLC
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