Powell Brown: “Exhausted” insureds buying less limit amid hard property conditions

Brown & Brown’s CEO touted the broker’s stellar 12.6 percent first quarter organic growth on a call with analysts on Tuesday morning, but said insurance buyers have grown “exhausted” with continued hard property market conditions and are buying less cover.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com