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.

Carl Bach, leader of the Program Manager Solutions Specialty practice of Guy Carpenter in New York, said there's “a telling story” revealed when he compares today's level of activity to the level just six-to-nine months ago.

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