PROFESSIONAL INSURANCE AGENTS

Welcome to PIA

2014 PIA Market Trends Survey

A survey tracking PIA member perceptions of market conditions

As a professional, independent insurance agent, you deal with changing market cycles on an ongoing basis. Last year, you let us know how you perceived the industry was changing in regards to pricing, underwriting rules and market availability. How did this past year compare? Is the market still changing? To assist us in getting an overall picture of what you are facing within your agency today, we would like to get your insight into how these issues are affecting your clients.

Take a moment now to complete the survey below.

1. Overall, new business premiums are:
 
 
  <5% 5-10% 11-15% 16-25% 26%+   Increasing   Decreasing
                 
Personal auto  
                 
Personal homeowners  
                 
Commercial property  
                 
Commercial liability  
                 
 
 
2. Overall, renewal premiums are:
 
 
  <5% 5-10% 11-15% 16-25% 26%+   Increasing   Decreasing
                 
Commercial property  
                 
Commercial liability  
                 
 
 
  2a. Overall, what percentage of your business are you having to re-market?
   
 
  <5% 5-10% 11-15% 16-25% 26%+
 
 
 
  2b. Is this an increase or decrease over last year?
   
 
Increase Decrease
 
 
3. To what extent are underwriting guidelines becoming more strict?
   
 
  Same Minor Moderate Significant Extreme
           
Personal auto
           
Personal homeowners
           
Commercial property
           
Commercial liability
           
 
 
4. To what extent are nonrenewals/cancellations occurring?
     
 
  Same Minor Moderate Significant Extreme
           
Personal auto
           
Personal homeowners
           
Commercial property
           
Commercial liability
           
 
 
5. What percentage of your book of business is placed through wholesalers?
     
 
  <5% 5-10% 11-15% 16-25% 26%+
           
 
   
   
  5a. Is this an increase or decrease over last year?
     
 
Increase Decrease
     
     
6. In what ZIP code is your agency located?