Interviews
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The MGA platform wants to expand into Europe and the UK and grow its wholesale business.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The deal will give the broker access to an M&A war chest to fuel inorganic growth.
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The firm posted trailing 12-month organic growth of 23% YoY supported by a three-pillar strategy.
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Neptune’s stock price jumped 25% on the first day of trading.
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California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
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Economic volatility, including from tariffs and rising interest rates, is reshaping risk profiles for specialty insurers.
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Whether in property or casualty, areas of the market will be profitable even with new entrants, the executive said.
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The Inigo CEO said the lack of portfolio crossover was highly attractive to Inigo.
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Despite tort reform, physicians’ insurers are struggling with the same loss inflation challenges as other liability peers.
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The executive’s skepticism is informed by the industry’s typical approach to cyclicality.
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There will also be a renewed focus on organic growth, both in P&C and across US and international operations.
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IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.
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The wildfire MGA is expecting to write higher value homes soon and may expand into new states.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
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The executive said claims can be a differentiator in a softening market.
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In an interview, the firm’s CEO spoke about the CV deal, growth and its M&A pipeline.
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As the fires spread, the priority shifted from saving structures to saving lives.
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The tech could quickly open the door to disruptors, and firms with poor data management will lose out.
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The MGA will expand its US reach in apartments, condo associations and single-family rentals.
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The company has also expanded its relationships with US and UK MGAs.
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The CEO said business remains adequately priced in most classes.
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The executive said the claims industry is going to “be transformed”.
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Cardinal E&S expands the carrier's underwriting capabilities and makes it more competitive relative to peers.