2023 REVIEW: Views from the Brokers/Carriers on Claim Trends, New Products Entering into the Market, Underwriting Considerations, Plus Insights on the Defense Counsel Panel

October 24, 2023 9:00am

David Garrigus
Executive Vice President - North American Practice Leader – ProEx
HUB International

Brian D. Smith
Senior Vice President
Gallagher Bassett

Erin K. Mannesto, J.D.
Complex Claims Analyst, Financial Lines & Liability – North America
Allianz Commercial

  • How brokers are approaching the market: View from the brokers on what clients are most concerned about
  • Underwriting considerations as they relate to claims trends and market conditions
  • How carriers are responding to EPL claims
  • Bringing new products to market: Identifying coverage gaps in the market; underwriting concerns; claims considerations and current exclusions
  • Key trends to watch out for:
    • The Pregnancy Fairness Act: What is a known accommodation? Where do regulations stand?
    • To what extent are marijuana claims on the rise: Setting the record straight on the present and future of liability risks
    • Use of AI in the Workplace: How might it impact claims?
    • Non competes under the microscope: Impact on claims risk
  • Claims severity: Types of claims and industries with the most claims
    • Social inflation’s impact on increased cost of settlements
    • Is the industry seeing a backlog of claims coming to light?
    • Late claim reporting
  • Foreign claims: Insuring US companies with foreign locations; insuring domestic companies with foreign origins; which carriers have these polices and what is being covered