Falvey Insurance Group has recognized the changing insurance landscape for various industries and responded by creating an innovative Commercial Output insurance product. This new offering targets the unique challenges faced by sectors such as manufacturing, institutional, industrial, and commerce.
The health of the US commercial insurance sector is reflected through the pattern of policy pricing changes. Recent data from WTW's Commercial Lines Insurance Pricing Survey (CLIPS) for Q4 2023 highlights a significant rise in prices, now exceeding 6%, which marks a clear increase compared to