Updated Conning Analysis of Distribution Costs Now Available to WSIA Members
November 19, 2021
The Wholesale & Specialty Insurance Association (WSIA) released recent results of an analysis conducted by Conning that provided an objective analysis of the distribution costs, cost structure and ratios between the wholesale and retail channels. The Conning analysis reconfirmed that wholesale insurance distribution does not increase the cost of the transaction to the insured. The study, which examined 2016-2020 data, found that the total non-loss cost ratio for the wholesale composite was lower than the retail composite by 1.8% points.
To read more about the analysis click here.
To learn more about Conning’s consulting capabilities click here.