Instant Insights / Specialty & Surplus Lines

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.


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As markets re-open from closures during the pandemic, expect higher volumes of goods in transit. (Shutterstock) As markets reopen from closures during the pandemic, expect higher volumes of goods in transit. (Shutterstock)

While tropical storms and hurricanes are perennial occurrences, the 2020 season is unique as it arrives during a global pandemic that has widely impacted the world’s population and disrupted the global supply chain.

As Brent Moritz, associate professor of supply chain management at the Penn State Smeal College of Business explains, with COVID-19, unlike a hurricane, the supply chain disruption is unprecedented in the scope of its impact on the entire world. In addition, the ultimate size and duration of the impacts of COVID-19 on the supply chain are not yet clear.

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