Virtual Event: Understanding Today’s Insurance Marketplace for Outdoor Adventure Businesses
Sponsored by Cross Current Insurance

Tuesday April 9, 2024
5:00 PM - 6:00 PM MST

Presented by: Augusto Russell, Cross Current Co-Founder & Capt. Lars Schuster

The insurance landscape is always changing. The industry goes through cycles called “soft market” and “hard market.” We are currently in a “hard market.” That means underwriting is more strict and prices are increasing due to various factors: catastrophe losses worldwide causing reinsurance cost to increase, frequency and severity of claims that lead to reduction in underwriting profit, investment markets doing poorly, and so on. A hard market causes disruption and pricing pain. This session will explain today’s insurance market condition and how you can prepare for it.