16 September 2026
A recent article in Insurance Times explores how falling premiums and more generous policy terms are benefiting insurance buyers in today's competitive market.
However, the article also highlights concerns that the current soft market could create challenges when claims arise and conditions inevitably tighten.
Featured in the article, Barry Reynolds, Executive Director of Verlingue London Markets, warns that while broader cover and enhanced policy benefits may appear attractive, organisations should look beyond short-term gains. As insurers compete for market share, it is important for businesses to fully understand the scope of their cover and how their policies will respond in practice when a claim occurs.
Barry's comments reinforce the importance of balancing competitive pricing with robust underwriting and clear policy wordings, helping organisations maintain confidence in their insurance arrangements as market conditions evolve.
Barry Reynolds brings over 37 years of London Market experience, having worked extensively as both a broker and an underwriter…
Read the full article in Insurance Times
The information contained in this article is for general information purposes only and should not be relied upon as advice. Insurance requirements will vary according to individual circumstances.