13 September 2023 Insurance
Brit bullish on outlook as inflation concerns drop down agenda
“The next 12, 24 months, maybe even 36 months, look to be a very positive underwriting environment; we’re excited about the outlook.”
This was the view of Jon Sullivan, deputy group chief underwriting officer at Brit Insurance and active underwriter for syndicate 2987. Asked about the market and 1/1 renewals, he said he was looking forward to an improvement after the long soft market and associated challenges.
In contrast, the last 12 to 18 months, depending on the class you’re in, have delivered much improved rates and terms and conditions, he told Intelligent Insurer.
