Channel Strategies for P&C Small and Mid/Large Commercial Lines: Plans for 2023 and Beyond

Deborah M. Smallwood, Senior Partner
Mark A. Breading, Senior Partner
Publication Date:
November 7, 2022
Number of Pages:
$1,495.00 USD

The distribution environment is constantly evolving, and channel options in commercial lines are becoming more dynamic and innovative. Insurers expect major transformation within distribution and are continuing aggressive plans to expand channels over the next few years – although strategies are scaled back slightly from where they were a year ago.

This research report analyzes the channel expansion plans of small and mid-large commercial lines insurers, providing insights separately by line of business. The report includes key trends in commercial lines distribution, current partnering approaches with InsurTechs, expectations on the future of distribution, and insurers’ plans for expanding channels over the next three years.

channel strategies pc small and mid large commercial lines plans for 2023 and beyond 400x600

Table of Contents

  • About This Research Report 3
  • Channel Expansion: Aggressive Plans Continue but Scaled Back 4
  • Today's Channel Environment 5
  • Key Trends in Commercial Lines Distribution
  • Partnering with Distribution InsurTechs Today
  • The Future of Distribution 7
  • Expectations for Distribution Changes
  • Distribution Channel Expansion Plans
  • Call to Action 12
  • About ReSource Pro Consulting 13
  • Use of Our Reports
  • About the Authors