Nick Greggains, CEO, Ethos Specialty Insurance Services, said market trends favor continued growth for MGUs and a continued emphasis on good risk management.
Tandeka Nomvete, director of external engagement, Spencer Educational Foundation, said the insurance jobs gap is due to the retirement of the baby boomer generation and not enough young talent.
Jerome Breslin, founder and CEO, Clear Blue Financial Holdings, said regardless of their structure, all insurance carriers must address execution risk, contract risk and compliance.
Ryan Armijo, chief operating officer, underwriting, Amwins, said greater interest from traditional and fronting carriers is helping drive the growth of delegated underwriting authority enterprises.
Ben Francavilla, president, Amwins Program Underwriters, said that clients may respond to successive rate hikes by raising deductibles and assuming more risk.
