Some insurers have stopped covering climate change-related risks, opening opportunities to the excess and surplus market. E&S and specialty lines are well-suited to it, with dedicated claims and underwriting teams to take on severe weather-related exposures.
Big growth areas include construction, energy, health care, environmental and professional liability. These might seem to focus on larger businesses. But main street small businesses are candidates for E&S covers as well.
Doing the right thing has guided Julia Keenan, head of LexPro, throughout her career. As an insurance executive, there are decisions to be made everyday. Taking the moral path will typically yield solid results.