Economy and Technology will Alter Underwriting

With the difficulties in 2008's credit market providing the background, 2009 promises to be a challenging year for insurance underwriters. Interestingly, while the market will certainly be volatile, the work done in the last few years by some insurers will position them to leverage the current market conditions into significant market opportunity. While the current conditions imply a strategy of returning to core business capabilities and a flight to quality, some of these insurers are also viewing it as an opportunity to question their operating assumptions and look for new and creative business solutions.

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