This is especially true of markets that are planning to grow. Almost all companies have a specialty division to assist with your placements. If you are not pursuing a program, become familiar with their existing niches. If this move is to have an impact on the soft market pricing, the majority of insurers must step up shoulder to shoulder, not just back to back. Otherwise, there will be markets willing to accept the runoff of these carriers, therefore continuing the downward spiral of premium and income.
Merger is the other choice for companies looking to attain growth.
Insurers have the capital to invest in creating effective, efficient, and profitable organizations that, it is hoped, will serve the agents better in the future. Growth by acquisition may be the answer today. Banks will play a part in the distribution of insurance products. To what extent is up in the air at this point. In the past the two cultures have had difficulty understanding each other on issues such as return on equity.