Benchmarking is everywhere in corporate insurance, but does it actually help clients? Too often, benchmarking is used as a shortcut- showing what other companies buy rather than what a business actually needs. The reality is that risk isn’t one-size-fits-all. True risk assessment requires more than just averages; it demands a deep understanding of industry-specific exposures, financial impact, and litigation trends. At URM, we’re using AI-driven insights to move beyond benchmarking and deliver precision in risk recommendations.
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