Market Conditions Report 2022
Many thought 2020 would be a year unlike any other. The COVID-19 pandemic and unprecedented rise in major storms seemed like a once-in-a-lifetime events. However, 2021 proved that not to be the case. In 2021, the pandemic continued to wreak havoc, storm events were unrelenting and the hard market in the insurance industry was propelled forward through low interest rates and high social inflation.
At Ansay we most certainly have been experiencing premium increases for our property and casualty customers. Many carriers have concentrated the increases on commercial property, commercial umbrella and commercial auto; with an emphasis on classes of business that typically have high risk.
Our licensed and trained risk managers and insurance advisors have all the latest innovations to help our clients control their premium costs. In addition, our long term relationships with the top insurance carriers in the country allow us to provide the best possible products, service, and price to our clients and prospective clients.
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