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P&C has strengths that will help it survive this crisis, but not without some pain.
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The executive was most recently chief revenue officer at Aon.
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Data, technology and telematics could turn the struggling sector profitable.
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The tariffs could expose insurers to the risk of recession and shrinking income.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Carriers surveyed cited access to niche markets as a key strength.
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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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California, Texas and Florida rose 15.7% in February and 29.1% in January.
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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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Allianz has previously entered several capacity arrangements with the MGA.