Agents Still Wrestle With Issue of Redundant Submissions

CFC's Swann: Cyber Coverage Continues to Morph

Jonathan Swann, director, CFC Underwriting, said early cyber claims largely focused on breach, but 75% of today's claims are for ransomware and phishing incidents, making it more akin to crime coverage.

Specialty Program Distributors Help Drive M&A Activity

Jason Murgio, CEO, Merger & Acquisition Services, said speciality distributors including managing general agents and managing general underwriters, are actively sought for sales and acquisitions.

First Indemnity's Biggio: Attorneys Have Broad Professional Liability Needs

Andrew Biggio, president, First Indemnity Insurance Agency, said attorneys should be covered in a broad fashion for liability from wrongful and prior acts, cyber exposures, licensure issues and more.

Smaller Agency Says Lloyd's Becoming More Accessible

Allen and Bintou Chatterton of Chatterton Insurance said syndicates have become more open to developing business relationships outside of the London market, even with smaller agencies.