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April 3, 2024

Digital Insurance features Marsh McLennan Agency's 2024 Commercial Property Trends report

Despite challenges like increased reinsurance costs and widespread undervalued properties, the commercial property market shows signs of increased stability. According to Marsh McLennan Agency's 2024 Commercial Property Insurance Trends report, this is the first time the market has been stable in six years.

Digital Insurance recently covered the findings and recommendations featured in the report, including the top three factors contributing to the state of the market today and suggested strategies to best navigate the market.

Such strategies include having an industry-specific insurance broker partner who can recommend creative insurance solutions, including captives, parametric insurance, and more.

Read the full article in Digital Insurance.