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Insurers Show More Flexibility On MGA Programs As Appetites Expand

As insurer and reinsurer appetites expand in the program business market, even startup stories are getting attention, according to market experts, who note that these were among the most difficult

By Susanne Sclafane | Updated on June 03, 2007

As insurer and reinsurer appetites expand in the program business market, even startup stories are getting attention, according to market experts, who note that these were among the most difficult programs to find homes for in years past. “This has been the first year where we’re actually trying to figure out ways to tell carriers no,” said Scott Reynolds, president of the specialty underwriting division of AmWINS Group in Charlotte, N.C.

Mr. Reynolds said that AmWINS has been able to launch every program it wanted to start this year. In addition, “on some existing programs, we have carriers knocking on the door trying to figure out how to get them away from our incumbent carriers,” he noted.

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