Amwins, a Charlotte, NC-based global distributor of specialty insurance products and services, released its State of the Market report.
The document provides up-to-date market intelligence covering rate fluctuations, capacity and evolving coverage trends across diverse lines of business and industries in the United States, London, and Bermuda.
Amwins’ State of the Market – 2024 Outlook analyzes the resilience and strength of the industry showing some markets are less challenging than others, with a competitive rate environment and more favorable underwriting, while others grapple with one of the most demanding markets ever seen. This report also serves as an educational resource, equipping retail agents and brokers with the insights and guidance necessary to traverse current market conditions with confidence.
In this report, Amwins offers worldwide expertise and unique market perspectives providing clients with thought leadership and insights. Current developments and future outlook focus on the property, casualty and professional lines marketplaces for industries spanning construction, energy, environmental, healthcare, public entity, real estate, transportation and more.
Led by Scott Purviance, chief executive officer, Amwins is a large independent wholesale distributor of specialty insurance products in the U.S. dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. The company operates through more than 160 offices globally and handles premium placements in excess of $33.1 billion annually.