While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to share their perspectives on the market’s latest developments and outlook in a recent webinar.
Changing Exposures
Elizabeth Whitney, head of U.S. agents at Swiss Re Corporate Solutions, has seen an increase in hired and non-owned auto claims. The suspected reason? During the pandemic, businesses that may not have normally offered delivery services pivoted.
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