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December 2, 2021

Q3 2021 business insurance state of the market report

Denise Perlman

Executive summary

Rate increases are easing back, but we are still experiencing a very challenging marketplace. The hard market of the past two years may no longer hit the same heights for many lines of coverage, but average rates are still expected to increase for the remainder of 2021 and into 2022. Marsh McLennan Agency (MMA) remains steadfast in our commitment to support our clients through the challenges ahead. We’ll work with you on strategies to achieve the best outcomes.

Celebrating 150 years of possibilities

For 150 years, clients have trusted Marsh McLennan Companies (MMC) to advise them during the most trying and celebratory times, helping them achieve success by becoming more resilient and promoting possibility. We have been at your side finding opportunity and navigating uncertainty in the areas of risk, strategy and people. We’ve innovated, shaped our industries and served the greater good. Today, we’re 81,000 strong, in every corner of the globe, dedicated to making a difference in the moments that matter. Thank you for joining us on this journey. 

This quarterly report provides an in depth look at all Business Insurance coverage lines, industry-specific trends, claim trends, and a regional look at the regulatory landscape—all with a focus on resiliency.

Click here to view the Q3 2021 U.S. Business Insurance State of the Market Report

Denise Perlman, CIC, Executive Vice President, Business Insurance & National Partnerships