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The Insurer TV: Mark Wheeler calls for a focus on rate adequacy as inflation bites

Mosaic’s co-founder and Co-CEO calls on the industry to continue to push for rate adequacy amid client demand “higher than it’s ever been before.” With rates having increased steadily during 2022 and 2023, Wheeler says tells the Insurer TV it is critical the industry continues to focus on rate adequacy given the potential impact of inflation on exposure changes.

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The role of insurance is critically important in a way that it hasn't been; it's much more pronounced at this point in time.

Mark Wheeler
Co-Founder & CEO, Mosaic Insurance