Episode 12: The Rising Cost of Insurance & Insurable Values
Even before the pandemic and costly weather events in 2020, the insurance market was experiencing significant changes. A competitive pricing market is giving way to one where insurance rates may be increasing by upwards of 10%.
Guests Greg Cryan of the Property & Casualty Insurance team and Ron Acebal of our Tangible Asset Valuation team provide insights on what businesses can do to manage the hardening commercial insurance market. Highlights of the conversation include:
- An overview of the insurance market and the industries/segments that may be most vulnerable to increased rates
- The role quality insurable value data plays in property insurance rates and carrier options
- Other important types of coverage to consider as part of your coverage
| Guest: Greg Cryan, President of Southwest Region, CBIZ Insurance Services Greg has extensive experience in leading insurance agencies and serves as the Southeast Regional President for CBIZ. Guest: Ron Acebal, National Director, CBIZ Valuation Group Ron specializes in the development and implementation of property valuation solutions and developing long-term, cost-effective property valuation strategies. |
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