- Underutilized alternative risk strategies – Captive, parametric, and other alternative solutions are less explored by many customers. Stadler warns, “If you are not proactive in evaluating these options, you will face significant headwinds.”
- cyber risk sophistication – Many companies purchased cyber insurance as a one-size-fits-all solution rather than tailoring it to their actual risk profile. This leaves them vulnerable as cyber claims become more advanced.
- Casualty severity trends The increase in mid-range claims demands more disciplined risk prevention and claims management, Stadler said.
Different markets require a holistic risk strategy
According to Stadler, although asset prices are declining, casualties are still rising rapidly due to social inflation, nuclear verdicts and an increase in moderate-severe claims in the $1 million to $20 million range. He cautioned brokers and mid-market leaders against viewing these trends in isolation.
