Coverage of Target Markets' Annual Summit in Scottsdale, Arizona.
Ben Francavilla, president, Amwins Program Underwriters, said fronting carriers backed by reinsurers are helping to shape the environment for program business.
Leah Ohodnicki, senior vice president, head of specialty programs, Argo Group, said the organization is working across its network to support newer insurance professionals.
Jeffrey Marks, transportation program manager, RPS Signature Programs, said connected devices are improving safety and profitability in the transportation sector.
Tracey Sharis, president, global risk solutions, North America programs, Liberty Mutual, said single-carrier programs dominate, but risk arrangements are evolving. Sharis spoke with AM Best TV at Target Markets' 22th Annual Summit, held in Scottsdale
William Pitt, director of research and consulting, Conning, said managing general agents are taking on many functions that insurance carriers once handled exclusively in-house.
