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.
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)
Brady Kelley, executive director, WSIA said the excess and surplus sector is into its eighth year of growth.
Bryan Sanders, president, Markel Specialty and 2020-2021 WSIA president, said few industry participants have seen many firming insurance markets, but those conditions will change as better pricing fuels fresh competitors.
Despite disruption from the COVID-19 pandemic, stamping offices throughout the United States report ongoing growth in the excess and surplus market, WSIA Executive Director Brady Kelley said.
