Interviews
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1. -
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.
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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.
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The global carrier plans to hire around 300 people in the next several years in the Americas and has already filled 60 roles thus far.
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The MGA opened the door for potential growth via M&A besides organic growth, team hires and carrier carve-outs.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
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The broker has expanded the number of global industry verticals to seven from four.
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The soft market continued through H1 2025, especially on shared programs.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Early adopters of AI will see efficiencies – and likely increased market share, Kantar said.
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The exec said the feds have been given data to potentially pursue criminal charges.
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In The Car offers embedded auto insurance by integrating policies into dealership management systems.
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The regulatory body is also looking at AI rulemaking and catastrophe resiliency.
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Slide will also expand its footprint to New York and New Jersey towards the end of the year.
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Van Bakel said that AI can help triage thousands of disaster claims.
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The deal triples Hippo’s new homeowner leads and extends Baldwin’s MGA capacity.
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The Series C brings the company's valuation to $2.1bn, its highest to date.
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The PE firm’s Aaron Cohen said full integration of broking assets is crucial.
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The Floridian brokerage expects to bring its leverage levels below 4x later this year.
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The once niche product is generating interest in a growing number of industries and sectors.
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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Kirsh was involved in launching an industrywide “legal system abuse coalition”, which now has 350 participants.
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Permanence and independence of a public company would be valuable, he told this publication.
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Lloyd’s traditionally avoided US middle market property, but head of P&C Matt Keeping says times have changed.
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Modeling wildfires is particularly challenging compared to primary perils like hurricanes.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The result has been a sharp increase in the use of captives.
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The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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“Models aren't going to tell you what the emergent risks today are,” Dolan said.
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The company’s upsized public offering priced at $30 per ordinary share.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
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Alliant is celebrating its 100th anniversary this year, and is the ‘furthest thing from a serial acquirer,’ Greg Zimmer, CEO, Alliant, said at RISKWORLD 2025.
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The executive also spoke about growing organically and via M&A.
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Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.
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In an economic downturn, the kneejerk reaction is to treat insurance and risk management as a cost.
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Specialty insurer’s global chief of claims warns others about the allure of AI.
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It acquired wholesaler ARC Excess & Surplus, confirming an earlier report from this publication.
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The Floridian is expecting to have around 40,000 policies in force by year-end.
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The ex-Ategrity CEO launched Pivix Specialty in September 2024.
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In an interview, Blue spoke about integration, organic growth, M&A and current market uncertainty.
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Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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NY-based PE firm BBH Capital has exited its minority investment following the recap.
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Live since May 2023, the reinsurer has over 40 trading relationships currently.
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Data, technology and telematics could turn the struggling sector profitable.
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Even if M&A activity picks up, Atlantic does not expect R&W rates to jump significantly.
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The MGA will grow in specialty lines via talent recruitment and M&A coupled with technology enablement.
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The company is on a five-year growth plan, aiming to hit $100mn in premiums by 2029.
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The MGA will likely expand its D&O book as well, but excess casualty will grow faster.
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PE and international players could be drivers of P&C carrier M&A activity in the future.
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The commissioner is eyeing transparency in billing, comparative fault and non-economic damages changes.
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Industry sources estimate the market to be around $3bn.
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Colorado and New York have already passed regulations regarding insurer AI use.
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Consolidation options include fronts merging, competition, larger fronts becoming carriers and fronts being acquired by carriers.
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The Democratic senator said increased federal oversight of insurance is not the answer.
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The MGA recently secured capacity to write HNW homes in California.
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Hippo estimated its pre-tax cat loss from the LA wildfires at $42mn.
