Hard times in a hard market.
The insurance industry is experiencing hard markets, putting premiums out of the reach of our most needy clients and putting the industry's social conscience under scrutiny.
As a wholesaler, it is increasingly difficult to satisfy our clients' appetites as the capacity crisis takes hold.The market has contracted, forcing more and more brokers to seek the assistance of wholesale brokers. While there are still those who use this route as a market of last resort, our mail bag has recently contained an increasing amount of run of the mill business.
This, of course, illustrates the decline in the number of agencies available to the smaller broker and their
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