Differentiated underwriting is crucial in a soft market: LSM’s Prato
LSM’s UK and Mena president, Luis Prato, warns softening conditions could lead some market players to ‘overreact and double down on rate reduction, instead of differentiating their product and service offerings from the rest of the market’
The convergence of the soft market with the bifurcation of the subscription market is a cause for concern, the head of Liberty Specialty Markets’ London operations says