{"id":2433,"date":"2025-09-15T22:36:05","date_gmt":"2025-09-15T22:36:05","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/economic-downturn-wont-hamper-es-growth-pivix-ceo\/"},"modified":"2025-09-15T22:36:05","modified_gmt":"2025-09-15T22:36:05","slug":"economic-downturn-wont-hamper-es-growth-pivix-ceo","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/economic-downturn-wont-hamper-es-growth-pivix-ceo\/","title":{"rendered":"Economic downturn won&#8217;t hamper E&#038;S growth: Pivix CEO"},"content":{"rendered":"<div>\n<h2><strong>The three biggest growth drivers \u2013 and two headwinds \u2013 for E&amp;S<\/strong><\/h2>\n<p>Miller identified three key factors that will shape E&amp;S growth in the coming years: economic conditions, emerging risks, and a strengthening distribution channel.<br \/>&#13;<br \/>\n\u201cA strong US economy creates opportunities, because we insure new and growing businesses,\u201d he told <em>Insurance Business<\/em>. \u201cBut even in slower economies, insurance remains essential. Sometimes demand even increases during downturns. Insurance is the cornerstone of economic activity\u2014it enables people to take risks and start businesses.\u201d<br \/>&#13;<br \/>\nNew exposures, such as those stemming from artificial intelligence, will only expand the role of E&amp;S, Miller argued. \u201cWe don\u2019t yet know what AI-related risks will look like, but they\u2019re coming,\u201d he said. \u201cThe E&amp;S market is best positioned to adjust in real time. That ability to pivot is what has always defined this sector.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The three biggest growth drivers \u2013 and two headwinds \u2013 for E&amp;S Miller identified three key factors that will shape E&amp;S growth in the coming years: economic conditions, emerging risks, and a strengthening distribution channel.&#13; \u201cA strong US economy creates opportunities, because we insure new and growing businesses,\u201d he told Insurance Business. \u201cBut even in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1470,1466,764,661,1468,1469,1467],"class_list":["post-2433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-ceo","tag-downturn","tag-economic","tag-growth","tag-hamper","tag-pivix","tag-wont"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/2433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=2433"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/2433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/2434"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=2433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=2433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=2433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}