Start-ups
-
Longbrook Insurance will write multiple lines of business. -
Sources said that the New York-based InsurTech retained Evercore to advise on the process.
-
It is understood that the MGA wants to start with renewable energy and transactional liability.
-
The UK-based insurer’s Florida Re secured state regulatory approval in June.
-
From the carrier perspective, alignment of interests was a recurring theme.
-
The company is looking to grow through its new MGA incubator program.
-
MGAs that are good operators will stick out compared to the rest.
-
A Lloyd’s consortium led by Beat Syndicate 4242 backs the MGA.
-
Return horizons are shifting, and entrepreneurial underwriters should start looking at longer tail business.
-
Whether in property or casualty, areas of the market will be profitable even with new entrants, the executive said.
-
Following the Golden Age of Specialty, franchise quality will play a bigger role in determining success.
-
The MGU is entering the often-difficult habitational GL space with an initial E&S offering.
