Markets

For agents and brokers serving high-net worth clients, 2025 will be about more than just managing policies—the evolving market demands adaptability and a forward-looking perspective.

Coverage typically includes protection against data breaches; business interruption loss; cyber extortion; data recovery and more for large corporations.

2025 is set to be a year of significant change with shifting markets and evolving weather patterns, making it more important than ever to ensure your homeowner clients are adequately protected.

“More personalized coverage will be key future trends in the industry,” says independent agent Jon Ross. “We are also seeing a shift to the customer taking on more of the risk with higher deductibles or endorsements to buy coverage at set limits.”

Volatility is making it harder for agents to find coverage for their customers, whose demand has increased as awareness of large jury verdicts grows.

Coverage provides comprehensive commercial insurance coverage for the high-risk adventure rental sector.

When choosing carriers to work with, agents listed the quality of product offerings as the most important factor, followed by great customer service and ease of business enabled by technology.

Over the past couple of years, awareness of an increasingly litigious environment has been a key factor leading to increased demand for personal umbrella coverage. However, significant growth has been stymied by premium increases and reductions in coverages and capacity—hallmarks of the hard market—leading to upheaval in the personal umbrella market. “The personal umbrella insurance market has…

5 Tactics to Help Small Business Owners Avoid Underinsura… Independent insurance agents play a critical role in encouraging small business owners to prioritize insurance and closing the underinsurance gap.

For the most part, earthquake is a covered peril in traditional insurance but policies tend to have low sublimits compared to other perils.