Commercial E&S
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Rates are now falling, but submissions are still rising, according to wholesale brokers. -
Irwin joins the firm from Beazley, where she’d worked since 2019.
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Brokerage co-presidents Jeff McNatt and Sam Baig discussed the E&S market, rates and M&A.
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At Zurich, Hirs served as group head of M&A and CFO for North America.
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The review follows Velocity’s acquisition by FM Group.
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The change comes after an ownership restructuring.
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A look back at the stories that defined the year in P&C for 2024.
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Overall, the “Golden Age” of E&S continues, but with a few new caveats, such as moderation in property pricing.
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Shawn Parker takes up Gatt’s previous role as COO of Westchester Programs.
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Florida is a state where the company is seeing more capacity in the market, especially admitted availability.
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Rate inadequacy and inflationary pressures represent significant headwinds, however.
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The 2025 State of the Market report also touched on E&S and MGA growth.
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Surplus lines premium growth slowed to 2% in August for three largest states
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