Interviews
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
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With property getting more competitive, FM pursued an opportunity for growth in E&S with Velocity.
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The MGA is exploring new product lines including condos and renters, CEO John Chu said.
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Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.
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The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
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The broker said R&W rates rose to 2.8% in Q2 vs 2.5% in Q1.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The newly installed US vice chair explains why inefficiency drove her from legacy firms.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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The executive noted that an influx of new entrants in the E&S market is increasing competition.
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California may not be the only state to see non-economic damage caps in medmal get challenged.
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T&Cs, as well as exclusions, remain largely unchanged, the executive said.
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HNW family offices are now among investors considering the US MGA segment.
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Greenberg has strong links with IQUW management, and praised the firm’s leadership and cultural fit.
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The company is looking to grow through its new MGA incubator program.
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SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
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As the Great Japanese M&A Contest develops, the executive said inorganic expansion is “a top priority”.
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The MGA is also looking to build out its US mid-market professional liability expertise.
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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.