NU Online News Service, May 24, 2:30 p.m. EDT
With an eye toward servicing $1,500 surplus lines accounts rather than $200,000 accounts, the newest managing general agency in Connecticut aims to grow by capturing the small, hard-to-place business of each retail agent customer.
Earl O'Garro Jr., chief executive officer and president of startup Hybrid Insurance Group in Windsor, Conn., told NU Online News Service on Friday that the idea to launch a new MGA focused on small-account E&S business came from a private equity firm that has invested in the business.
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