2025: Personal Insurance Market Update
… new business, certain carriers are actively pursuing growth in the yacht sector, offering greater underwriting flexibility for comprehensive accounts that include home, auto, and yacht insurance. We continue to see limited markets for boats valued between $5M and $10M. Overall, we believe P&I (Protection & Indemnity) rates will increase by 10%+. Cyber: Growing Importance in a Digital World Cybercrimes are growing in frequency and sophistication and should be a concern for all families. The insurance industry has recognized this growing risk and has developed protection through individual stand-alone policies, as well as endorsements to some homeowner policies. Given …
https://www.epicbrokers.com/insights/2025-personal-insurance-market-update/