Paul Sullivan, executive vice president, P&C programs, Arch Insurance, said market capacity has seen shifts, particularly on the property side, but stability is expected for the next 12 to 24 months.
May 24, 2024
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TMPAA Attendees: Successful MGAs Focus on Specialization, Niche Expertise
Euclid's Colis: Valuations for MGAs Remain Robust; Keep an Eye on Interest Rates
WestPac's Richter: Program Space Can Help Address Challenging Colorado Market
ReSource Pro's Feirer: E&S Sector Holds Opportunity, but Pay Attention to Compliance
Great American's Guidry: Patience, Nurturing Lead to Multi-Decade Program Relationships
Target University, The Institutes Team to Enhance Program Administrator Training
Vertibrands’ Look: MGAs Follow a Variety of Marketing Strategies
Distinguished Programs' Strommen: Hotels' Expanded Amenities Expand Insurance Needs
The Institutes' Carmichael: Top Insurance Educational Topics Include Data Analytics, Leadership
Great American's Banocy: Embedded Insurance Demand Prompts Dedicated Department
Crum & Forster's Flood: Bullish on Accident and Health Growth Via Programs
Arch's Sullivan: Delegated Business Is One-Third of North American Operations
SiriusPoint's Charles: Early-Stage and Property Programs Face Capacity Challenge
California Flood's Farmer: 30% of Flood Claims Originate in Low-Risk Areas
Liberty Mutual's Sharis: Carriers Shift to Participation as Capacity Aggregation Slows
Xceedance's Parcelli: MGAs and MGUs Can Use AI to Build Competitive Advantages
Instanda's Keast: Simplifying Insurance Products Key to Improved Customer Experience
Everspan's Lucas: Opportunities Found in Programs Returning to Market
Kettle's Kennedy: Parametric Wildfire Insurance in Demand Amid Calif. Regulatory Hurdles
Across America's Kapur: Side Cameras Help Reduce Trucking Accidents
Kayna's Prendergast: Huge Potential in Niche Embedded Insurance Programs
Lucid's Richt: Niche Insurance Products Gain Traction
Conning's Webersen: Insurance Fronting Market Continues to Surge