The manufacturing industry represents nearly 11 percent of the U.S. economy. According to the National Institute of Statistics of the U.S. Department of Commerce, manufacturing companies contributed $2.3 trillion, or 10.8 percent, to U.S. Gross Domestic Product in 2021. The 2022 Assurex Manufacturing Benchmark Report collected information on the purchasing decisions of over 1,200 of … Continue reading 2022 Manufacturing Benchmark Preview
The unique risk exposures of educational institutions create a host of challenges. They are required to protect the financial viability of their institution (including its endowment), assure the efficacy of its educational processes, and protect the school’s reputation, its staff, and its students. Educational institutions must also ensure compliance with regulatory demands and requirements while … Continue reading 2022 Education Benchmark Preview
While the hard market is not over, and areas of immediate concern certainly exist, there are signs of relief on the horizon. While rates increased across the board to close out 2021, price hikes were less severe than those observed earlier in the hard market cycle. These positive trends have continued to kick off 2022, … Continue reading State of the Market: Spring 2022
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