Our recommendations
01
Differentiate your risk.
As underwriters take a more disciplined approach, demonstrating risk quality is critical. Buyers that present a clear story — including effective loss prevention, proactive risk mitigation, strong claims handling, and thoughtful legal strategies — can materially strengthen their underwriting narratives and secure improved pricing and terms.
02
Invest in more than just insurance.
A proactive, adaptive approach reduces exposure and builds long-term resilience. Empower your organization by building a resilient risk culture. Explore new ways to stay ahead of emerging threats, enhance your team’s expertise to better prevent risks, and leverage advanced modeling and other tools to identify more effective risk financing options.
03
Rethink your renewal strategy.
Start early and take a coordinated approach in partnership with your insurance broker. Consider reinvesting premiums to better align your insurance expenditures with organizational risk priorities. This methodology supports more stable results and reduces volatility over time.
04
Be strategic with risk capital.
Align insurance decisions with clear long-term objectives. Reevaluate risk, retention levels, limits, and attachment points as financial, operational, and market conditions change. Explore alternative financing options, from parametric solutions for property and cyber hazards to loss portfolio transfers that can ease collateral burdens.
05
Use scenario planning to boost your readiness.
Stress test business continuity and incident response plans. Collaborate with internal teams, brokers, and insurers to evaluate how your organization would respond under various loss scenarios. Ensure your team is equipped to act decisively during a crisis.
06
Strengthen global insurance programs.
Regularly revisit domestic and global program structures to expand coverage terms, clarify policy language, remove exclusions, and evaluate multiyear options. Prioritize relationships with financially stable insurers and press them for capacity where needed.
07
Expect more from your broker.
Placing coverage is table stakes. Look for advisors who can offer deep insights, help unlock capacity, and guide data-driven solutions. Your broker should take a holistic view of risk, challenge assumptions, and use advanced modeling to support the development of financially efficient programs.
