Recommendations

7 strategic moves for buyers

Look beyond price and build for resilience.

Take advantage of favorable market conditions but focus on creating a risk financing strategy that can withstand changing market cycles, economic uncertainty, and emerging risks. Evaluate insurance decisions in the context of broader investments in risk management, engineering, technology, and organizational resilience.

Demonstrate strong governance to tell a strong risk story.

Be prepared to show how you manage AI, cyber risk, third-party vendors, crisis response, and executive oversight. As insurers become increasingly selective and data-driven, clearly communicating these strengths can help differentiate your organization from its peers.

Strengthen crisis response planning.

Review and update response plans, conduct tabletop exercises, and ensure your organization can respond effectively when an event occurs. Resilience is becoming an increasingly important differentiator.

Evaluate risks holistically.

Many emerging risks can affect multiple lines of coverage simultaneously. Assess exposures across the enterprise rather than approaching each coverage line in isolation.

Explore alternative risk solutions strategically.

Consider alternative risk financing options as part of your broader risk management strategy, not simply as a response to short-term market conditions. And look at all your options, including some that may be more attractive during times of economic uncertainty.

Invest in casualty claims closure initiatives.

Rising interest rates can increase the cost of carrying collateral-backed obligations. Claims closure programs and other liability management strategies can reduce outstanding liabilities, improve capital efficiency, and enhance financial flexibility.

Choose your risk advisors wisely.

Partner with brokers who can provide specialized expertise, meaningful insurer relationships, and the analytics needed to effectively represent your organization in the marketplace.