Small Insurers Are Strong Competitors

A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled ?Property-Casualty Small Insurers: From Static to Strategic,? analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers have maintained market share relative to large insurers at approximately 20% Specialization plays a role in strong results The competitive advantages larger companies enjoy through...