The Specialty Lines Challenge: Building Distinctiveness at Scale and Speed
Table of Contents
Standard P&C markets and non-standard lines share similar challenges that insurers must continuously address and overcome. But carriers that manage specialty lines must be equipped to deal with a greater degree of variation, given the higher level and/or more unusual risk they underwrite.
Insurers who are positioned to reap the rewards of the burgeoning specialty segments have one thing in common: “distinctiveness.” Those unable to create unique value through continuous innovation, risk becoming irrelevant.
In this paper, we examine the unique landscape for specialty lines carriers.