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The surplus lines market plays a critical role in the insurance ecosystem by providing coverage for hard-to-place and specialized risks. For WSIA’s 2020 Annual Virtual Marketplace from September 10-17, read up on the unique lines and market trends impacting the specialty and E&S industry.
Insurance people who service the energy sector have two things going for them: Energy is an essential product, and the sector is ripe for innovation. (iStock)Seasoned insurance pros often advise newcomers to the industry to specialize in a specific type of coverage in order to create lasting value for current and future insureds.
There are few areas in which that need for specialization is more paramount than the energy sector, where operators of both traditional- and alternative-source facilities run complex businesses with distinct risks that require creative, multi-faceted insurance solutions.
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Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected]
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