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Global commercial insurance prices increased 4% in the first quarter of 2023, the same rate as the fourth quarter of 2022, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.
Marsh, the world’s leading insurance broker and risk advisor, today announced the launch of Fast Track, an insurance facility that will bring a substantial amount of additional “follow form” capacity to its clients globally across major lines of business.
The report, published by Marsh Specialty, identifies four areas where increasing risk threatens global trading, security, and investment environments into 2023: persistent political instability; economic retrenchment; competition for strategic resources; and supply chain diversification.
Cyber Pathway is an integrated cybersecurity and insurance solution for US small and midsize businesses seeking to become more resilient to an increasingly volatile cyber threat environment