Insurance buyers continue to see rising prices but market conditions are keeping increases moderate.
Certificates of insurance are often over-valued, leaving policyholders with a false sense of security.
Brazil’s rapid economic growth has increased the demand for insurance and created new compliance concerns.
Shifting the responsibility to procure insurance coverage to a business partner is a useful strategy for reducing insurance costs, but it is not without risk. Relying solely on certificates of insurance could create unexpected coverage gaps.