State of the Surplus Lines Market 2020
David Blades, associate director, industry research & analytics, AM Best, said domestic companies focused primarily on the surplus lines sector outperformed the entire sector.
Marya Propis, senior vice president, director of distribution and broker partnership, All Risks Ltd., said insurers' efforts to increase diversity and inclusion will pay off with more resourceful, adaptive workforces.
A panel of industry leaders in the surplus lines sector of the U.S. insurance market review the market and highlights of a new report on that sector. Event Date: September 10, 2020)
Lou Levinson, president and chief executive officer, Lexington Insurance, said frequent, meaningful communication helps to overcome the stress of not being able to conduct business in traditional face-to-face settings.
Natural catastrophes, social inflation and a challenging investment environment raise the stakes for insurers that underprice business, Bryan Sanders, president, Markel Specialty and WSIA president said.
