Property and Casualty Analogies for the 2024 Hard Market

[marindependent]

I am wondering if any Brokers or Agents in the current Hard Market have a good Analogy to Share about What selling either personal or commercial insurance is like... in the present circumstances.

A simple story to explain how challenging it is.

Either Figurative or Literal are welcome.

 

[Al3x Lee]

How's this for a hard market analogy? This is like going to war with a wet paper bag. Carriers acting like they're handing out gold bars just to insure a freaking condo association. 'Sorry, we can’t cover that, too risky,' are you ***in kidding me? I've seen bigger risks at a middle school dodgeball game.

Back in the day it was a simple handshake, and badabing, badaboom, you're covered. Now? Now you're dancing around like a circus monkey on crack just to get a quote that won't make your clients eyes bleed.

 

[Allen Trent]

I can do 1 better. I have a visual

 

[Al3x Lee]

If this industry had gone ACV when I told them to, we wouldn't have these issues.




But perhaps it's not too late....

 

[marindependent]

 

[shawnmwalker]

Complicated times.

It's like taking your ADHD kid into a China shop.

It's like Lionel Richie in the 80's when he sang Dancing on the ceiling.

It's like a tree that needs trimming, but the tree is made out of metal. and the scissors are make out of wood.

I guess I just can't get my analogies dialed in today.

 

[marindependent]