Policyholders Seek Specialty Products Amid Slump

Law360, New York (July 20, 2009, 6:45 PM EDT) -- There is much for businesses to fear in the recession, including the possibility of customers falling behind on bills or going bankrupt, or — though the possibility is remote — insurer insolvencies. As those fears have grown, brokers have seen increased interest in products designed to alleviate such concerns, according to experts.

Global insurance brokerages Aon Inc. and Marsh Inc. are both offering products designed to help ease worries about corporate stability and insurance market fluctuations, including Aon’s flex casualty and directors and officers coverage programs...
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