Amwins, the largest specialty insurance wholesaler, has released its much-anticipated 2025 State of the Market report. This in-depth analysis offers the latest intelligence on rate movements, capacity, and coverage trends across various sectors, helping brokers and businesses navigate an ever-evolving insurance environment.
The report covers multiple lines of business including property, casualty, professional lines, reinsurance, and specialty sectors like cyber, construction, and energy. As emerging risks and macroeconomic trends shape the market, Amwins offers guidance to help clients anticipate and adapt to upcoming changes.
Key Insights From the 2025 Market Outlook
The report highlights several important market dynamics that brokers and agents need to consider as they strategize for the coming year:
- Excess & surplus (E&S) markets: The E&S sector is expanding, fueled by the demand for solutions addressing complex, non-standard risks. Technological advancements and data-driven underwriting are expected to play a key role in its continued growth in 2025.
- Property market trends: Despite the recent impacts of Hurricanes Helene and Milton, the property market is seeing signs of softening. Increased capacity and more flexible terms are allowing for a reshaped approach to placements.
- Casualty market challenges: Social inflation and litigation trends continue to exert pressure on pricing, particularly within excess casualty. Amwins reports a surge in alternative risk strategies and innovative underwriting solutions to combat these pressures.
- Professional lines evolution: New entrants are intensifying competition in professional lines, particularly Directors & Officers (D&O) insurance. While private D&O policies are benefitting from price reductions, sectors like telemedicine and healthcare continue to face challenges.
- Reinsurance stability: Despite consecutive hurricane events, the reinsurance market remains stable. Rates are expected to hold steady, though attachment points are tightening, and innovations in modeling are enhancing underwriting precision.
- MGA marketplace growth: The Managing General Agent (MGA) landscape is experiencing vibrant growth, with an increasing focus on specialization. New programs aimed at underserved markets are creating fresh opportunities for growth.
Amwins’ Strategy for Navigating Change
Amwins is leveraging its deep expertise and proprietary tools, such as Amwins DNA, to provide tailored solutions across various industries. With over 100 underwriting programs and a global presence, Amwins is positioned to support clients with unique insights and specialized services.
About Amwins
Amwins is the largest independent wholesale distributor of specialty insurance products in the U.S., serving retail insurance agents with a wide range of property, casualty, and specialty group benefits. Based in Charlotte, N.C., Amwins operates through more than 155 offices worldwide and handles over $39 billion in premium placements annually. For more information, visit amwins.com.