With markets hardening, more companies are turning to risk retention strategies, such as alternative risk transfer and captives, to keep their coverage more affordable.
A shifting market landscape will be at the center of discussion at the 2019 WSIA Annual Marketplace, but the industry focus remains on building relationships.
Catastrophe losses dented some wholesale and specialty businesses in 2018, but the focus of WSIA’s Underwriting Summit was on how this steadily growing market can continue to thrive.
Ethos Specialty Insurance is launching into the competitive, but potentially lucrative program business as an MGA. R&I queried Michael Sillat, the CEO of this Ascot Group subsidiary, on his hopes for the launch.
The AAMGA and NAPSLO merged to create the Wholesale & Specialty Insurance Association — a member services organization servicing the wholesale, specialty and surplus lines industry.
Lloyd’s CEO Inga Beale is tasked with guiding the venerable insurance market through Brexit and the demands of the fiercely competitive global specialty business.