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The E&S sector is seeing better underwriting results and top-line growth than the overall P&C industry.
Insureds in need of cyber protection increasingly turn to the wholesale insurance marketplace.
The E&S marketplace continues to present fantastic growth opportunities, but the winds of change are blowing.
Specialty insurers loom large on the list, driven by capacity demands for property coverage.
Ransomware claims increased 38% between Q4 2022-Q1 2023, according to Aon.
Carriers need cybersecurity services firms for active engagement and collaboration to develop and support a dynamic product.
From 2015-2020 the surplus line sector held a relatively steady 25% market share. It is now over 60%.
To date, nearly half of all states have passed DSLI legislation.
Here's how the Wholesale & Specialty Insurance Association's Internship Committee fulfills a pressing need within the E&S insurance business.
AM Best's new report maintains a stable outlook for the surplus lines market.
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