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17 September 2014
Electronic insurance exchange Marketscout says the end of the soft market in the US “may be nearing” as small rate increases continue to be recorded, particularly in SME business.
CEO Richard Kerr says brokers and insurers “shouldn’t pop the champagne just yet, but there is light at the end of the soft market tunnel”.
Marketscout reported rate increases of 1% in commercial property and business pack risks for September, while workers’ compensation rates were up 2%.
On average, SME business saw rate increases of 3%, while medium-sized accounts were flat and large accounts saw a cut in rates.
Professional liability lines were flat, and Marketscout predicts that some insurers “will continue to suffer because of aggressive pricing on long-tail business”.
16 September 2014
A vacancy has become available for an experienced Senior Account Executive to manage and grow a commercial portfolio of SME clients.
12 September 2014
Outstanding career opportunity for a qualified and motivated Account Manager to join a leading insurance broking company.
10 September 2014
An exceptional opportunity is now available for an experienced Executive Administrator to join a small, well-established group in the insurance broker market that is on a program of exciting change.
8 September 2014
B&L Financial Services is an established, busy, local brokerage situated on the Sunshine Coast looking for a Broker Assistant/Receptionist with insurance experience.
5 September 2014
Risk surveying opportunity to conduct professional risk surveys on behalf of various insurers including property, liability, BI and other covers.
1 September 2014
Best AR structure in Australia! Become your own boss and build your broking business with extensive networks and ongoing support to ensure your success!