Middle-Market Companies Post Record Gains: Chubb.

Middle-market companies have experienced record economic growth and revenue gains in the second half of 2023, according to a survey by Chubb. Despite challenges such as inflation, cybersecurity threats, and natural disasters, 77% of companies reported performance improvement. Middle-market companies, which make up a significant portion of the private sector GDP, have the advantage of scalability and the ability to invest in new technologies. However, they also face challenges such as underinsurance, particularly in areas such as multinational insurance and cyber coverage. Climate change and inflation remain concerns for these companies, but they are actively considering strategies to mitigate risks and protect their assets. [Extracted from the article]