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.

Producers Say London Brings Alternatives to U.S. Risk Markets

Brokers at the third annual CHART-Exchange conference, held in Baltimore, said they rely on the London insurance market to provide coverages for risks deemed too specialized or challenging for standard insurers.

Wilson Elser Partner: From Idea to Program Can Be Tricky, Time Consuming

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.