NFP, an Aon company

? In the energy sector, what factors shaped the second half of 2024 within property and casualty insurance and what will shape outlooks for 2025? ?? Downstream property markets are showing signs of stabilization following substantial rate increases, with modest rate reductions possible for loss-free accounts. In contrast, the midstream energy segments continue to experience pricing pressure and capacity limitations, especially for traditional energy sources like coal and gas. ?? Social inflation, coupled with the corresponding continuation of abnormally large jury verdicts and auto liability losses continue to be major concerns and major underwriting issues for casualty underwriters. ?? Our experts have broken down trends from the end of 2024 and look ahead to 2025 in the 2024 Year-End NFP P&C Client Trend Report, out now: https://lnkd.in/e4pnFnFE #NFP #Insurance #TrendReport #PropertyandCasualty #Energy #OilandGas #EnergyIndustry #SupplyChain #OilandGasIndustry #InsuranceIndustry #Transportation #Cargo #Shipping #InsuranceBrokers

?? Is your company part of the 70% of employers citing prescription drug costs as a top concern for 2025? Dig into NFP’s latest benefits trend report for critical HR strategy insights: https://lnkd.in/edDCKhfn Get expert takes on key trends for 2025: Pharmacy benefit management ?? Price transparency ?? Employee wellbeing ?? Leave management optimization ??? #NFP #EmployeeBenefits #HumanResources #HR #Compliance #EmploymentLaw #Insurance #CostControl

? What is the market looking like across the life sciences industry in 2025? ?? Our experts have examined and compiled trends from the second half of 2024, noting that market conditions for life science clients remained relatively stable — but they’re closely monitoring some subsectors as increased claims activity is continuing to push rates. ?? Across all subsectors, the underwriting environment continued to be disciplined and focused on risk differentiation. ?? Find out what other factors are putting pressure on the market and impacting underwriting practices and risk assessments in the 2024 Year-End NFP P&C Client Trend Report, out now: https://lnkd.in/e4pnFnFE #NFP #Insurance #TrendReport #PropertyandCasualty #LifeSciences #ProductLiability #Healthcare #Genomics #InsuranceIndustry #Biotechnology #GeneTherapy #PrecisionMedicine #DigitalHealth #AI #Artificialntelligence #MachineLearning #Pharmaceuticals #MedicalDevices #InsuranceBrokers

?? See you at #VERTICON 2025! ??? Our aviation practice will be in attendance at this year’s Verticon. We’re excited to meet other industry leaders and explore the latest trends and innovations in #aviation. ?? Date: March 10 – 13, 2025 ?? Location: Dallas, TX ?? Connect with our Aviation Practice expert Josh Jeter at Verticon. Don't miss this opportunity, see you there! ?? Learn more about Verticon: https://verticon.org/ #NFP #Insurance #RiskManagement #Compliance #Fleets #Helicopters #Drones #Pilots #VerticalAviation #AviationProfessionals #Helicopter VERTICON (formerly HAI HELI-EXPO) Vertical Aviation International

?? AI is transforming construction job sites — is your company ready? Hear from the experts how AI in construction can transform risk mitigation: https://lnkd.in/eG-sATnh That includes tech like: ?? Drones ?? Internet of Things ?? Artificial intelligence Evolving tools come with new risks, but they can make job sites safer and more efficient and allow for new methods of collaboration. ??? The right consultants can help you harness these tools to lower costs and build smarter for the future. #NFP #Insights #Insurance #PropertyAndCasualty #ConstructionIndustry #Commercial #ArtificialIntelligence #InsuranceIndustry

?? What’s on the horizon within the P&C real estate marketplace for the beginning of 2025? ?? As a welcome change to many insureds, property rate decreases gathered steam throughout the closing quarters of 2024, even despite an active North Atlantic hurricane season. ? Given the robustness of where the property marketplace is today, our experts expect the positivity of the second half of 2024 to continue well into 2025 and beyond. ?? Market conditions across casualty insurance for real estate in 2024 remained relatively stable throughout the year. There are signs – increasing rates, insurers reluctant to offer guaranteed cost options – that market hardening is looming, but significant changes aren’t expected. ?? Our real estate industry experts have broken down market trends for Q3 and Q4 for 2024 and look ahead to 2025 in the 2024 Year-End NFP P&C Client Trend Report. ?? Check it out now: https://lnkd.in/e4pnFnFE #NFP #Insurance #TrendReport #PropertyandCasualty #RealEstate #Landlords #Construction #Environmental #Contractors #CommercialRealEstate #BuildersRisk #Investors #Developers #ProfessionalLiability #Environmental #Landlords #InsuranceBrokers

? Is your organization ready for 2025?? ?? Our experts have analyzed trends from the second half of 2024 and provided insights into what’s next for property and casualty markets.? ?? Stay up to date and succeed with the 2024 Year-End NFP P&C Client Trend Report, available now: https://lnkd.in/eFCMzpFh #NFP #Insurance #TrendReport #PropertyandCasualty #Construction #LifeSciences #EmploymentLaw #ExecutiveLiability #Fiduciary #Lawyers #ProfessionalLiability #RealEstate #PrivateEquity #FinancialInstitutions #Environmental #Energy #Marine #Legal #Cyber #InsuranceBrokers

????? Is advanced technology the key to transforming the construction industry? Our Construction Technology leader Thomas Strong sure thinks so. https://lnkd.in/eG-sATnh Today, construction businesses are embracing innovations to improve project outcomes, reduce risks and control costs. However, with rapid advancements come new considerations for risk management. ?? Here’s what you should consider: ?? Smarter project design: AI-powered modeling catches issues early. ?? Safer job sites: Wearable tech helps prevent injuries. ?? Better project tracking: Drones streamline monitoring. ?? Improved efficiency: Automation boosts productivity. ?? Data-driven decisions: Predictive analytics reduce delays and costs. As technology reshapes the industry, adapting your risk management strategy is more important than ever. ?? Check out the new article: https://lnkd.in/eG-sATnh #NFP #Construction #Insurance #RiskManagement #DataSecurity #CyberRisk #ConstructionIndustry #DigitalTransformation

?? Priya Nathan has joined NFP, an Aon company, as a senior vice president, Sales: https://lnkd.in/eRrSd-WJ ?? Her experience with cyber, directors and officers, and artificial intelligence risk solutions will help NFP clients across industries navigate an increasingly dynamic P&C market. Priya, who is based in Austin and reports to John Thorbahn, managing director, has over 25 years of experience with multinational insurance and technology organizations. ??? “As we invest further in our technology and cyber risk capabilities, Priya will be a great resource to our team and clients,” said Michelle Camacho, senior vice president, sales leader for NFP’s Central and West regions. “We look forward to collaborating with businesses in Austin and across our Central region to align expertise and solutions with the risks they face.” ?? Welcome to #NFP! #NFP Insurance #CyberRisk #TechnologyRisk #DirectorsAndOfficers #CyberSecurity #AICompliance #InsurTech #DataProtection #Multinational #RiskManagement #ComplexRisk #RiskSolutions #WomenInInsurance #InsuranceIndustry

? What should you know about e-bike safety and insurance? ?? E-bikes are transforming city commutes, but they come with unique risks and coverage challenges. Consider these key points: ?Trends: High-speed crashes are on the rise. ?Fire Risk: Lithium-ion battery fires are increasing due to poor-quality batteries or improper battery charging. ?Coverage Issues: Many #homeowners policies don’t cover e-bikes, leaving riders exposed. ?? Stay up to date on e-bike safety and relevant insurance solutions: https://lnkd.in/evvs833A #NFP #Insurance #Ebikes #HomeInsurance #EBikeSafety #EBikeInsurance #PersonalInsurance #BikeSafetyTips #InsuranceBrokers