Coverage of Target Markets' Annual Summit in Scottsdale, Arizona.
Jeffrey Marks, transportation program manager, RPS Signature Programs, said connected devices are improving safety and profitability in the transportation sector.
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.
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
Sachin Kulkarni, senior vice president, Xceedance, said attempts to transform organizations often falter because they don't adequately consider the human element.
Claude LeBlanc, CEO of Ambac and Chairman of the Board of Everspan, said the organization typically retains about 20% of the risk it writes. LeBlanc spoke with AM Best TV at Target Markets' 22th Annual Summit, held in Scottsdale, Arizona.
