Coverage of the Cover Holders and Risk Takers-Exchange Conferences
Bryan Baird, CEO, Xagent, said his company aims to provide agents with a single entry point to submit to multiple carriers.
Thomas Wilson, partner, Wilson Elser, said brokers and managers looking to launch an insurance program often devote more than a year to starting up, and face a range of regulatory requirements.
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.
John Bennis, president, MGA Systems, said many Insurers and MGAs are turning to portals and automation to boost sales and cut expenses.
Brokers and insurance professionals at the third annual CHART-Exchange conference, held in Baltimore, say syndicates and others in the Lloyd's market are showing an appetite for new types of risks, startups and smaller organizations.
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