Insurance Insider is excited to join WSIA 2023 from 17-20 September in San Diego. We'll deliver exclusive news and insights from the ground, available via this hub and our daily email newsletters. Subscribe now for access to our content or email us to connect at the event.
Latest News
Notes from WSIA 2023: ‘Has the market reached peak fronting?’
Besides Vesttoo’s downfall, other hot topics during this year’s WSIA were talent, competition in the E&S sector and commercial auto.
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Everest North America insurance president Mike Mulray will head up the business on an interim basis while the carrier appoints a permanent unit leader. -
Ratings agency AM Best has revised its outlook to negative for Realign Insurance Group, which includes American Summit, National Summit and Summit Specialty Insurance.
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Ali previously led Amwins Specialty Casualty Solutions, a full-service MGA specializing in niche workers' compensation, casualty and professional liability products.
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However, data also shows that the pace of growth overall in the E&S market has slowed in recent years in terms of premium and number of transactions.
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Differing trends in short- and long-tail lines offset each other to create a net positive for the industry, though the releases are slowing significantly.
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The carrier’s E&S property book is “up 29%, with 25 points of rate”, said the executive.
Interviews
Interviews
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Mary Henderson talks about rate softening over the last 18 months, and the impact of bank insolvencies on the market.
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After five years of double digit growth, the E&S market is thriving. We asked our interviewees if they expect that growth to continue, and if there are any potential pitfalls
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In Partnership With AXISDoug Wordekemper offers his thoughts on the current financial lines insurance market.
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