Commercial Insurance Buyers Face Narrow Window for Favorable Rates

While most lines of coverage remain soft, the window for securing long-term value is closing. Vince Gaffigan, Lockton’s U.S. Market Strategy & Engagement Group Leader, emphasizes that passivity is a liability in the current environment. Organizations that fail to lock in favorable terms now may find themselves exposed to emerging risks, including the growing, multidimensional threat of artificial intelligence integration within business operations.

The firm’s July 2026 report highlights that simply securing coverage is no longer sufficient for modern risk management. Greg Spore, Director of Market Intelligence, advocates for early engagement and robust program design to navigate this complexity. By leveraging strong data and existing broker relationships, companies can transform their insurance programs into resilient assets rather than just annual expenses. The report also features insights from CNA’s Song Kim, offering a broader look at how global economic fluctuations will likely dictate the next phase of industry pricing.