2018 Small Commercial Insurance Carrier Performance: An Agent Survey
Report Summary
2018 Small Commercial Insurance Carrier Performance: An Agent Survey
Any carrier looking to enter the small commercial market should focus on the four criteria agents cite as most important.
Boston, February 27, 2018 – Small commercial insurance represents one of the few growth opportunities for property and casualty carriers, but unlike other types of insurance it will likely continue to be sold through traditional brick-and-mortar agents. Could carriers looking to expand their small commercial presence help their cause by understanding what their agents want out of their relationships with carriers?
This research seeks to foster a better understanding of the key criteria agents use to evaluate the carriers with which they write small commercial insurance business. It is based on a December 2017 survey of 82 independent agents in the United States that was conducted through a partnership with Competiscan.
This 81-page Impact Report contains 75 figures and four tables. Clients of Aite Group’s P&C Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions AIG, Allstate, American Family, American Financial (Great American), AmTrust Group, Assurant, Auto-Owners, Berkshire Hathaway (Guard), Chubb, Cincinnati, CAN, Erie Insurance, Farmers Insurance, Liberty Mutual, Nationwide, Progressive, QBE, State Farm, The Hartford, Tokio Marine Holdings (Philadelphia), Travelers, USAA, W.R. Berkley, XL Group, and Zurich Insurance.