Trubshaw and Martin top US property cat rankings

Richard Trubshaw of Managing Agency Partners (MAP) has been voted the top US property catastrophe underwriter, according to The Insurance Insider's US property cat rankings for 2018.

The MAP founding partner was identified as the leading underwriter for the class by around 8 percent of brokers who responded to the survey.

The study, which was carried out by The Insurance Insider's rankings team, recorded responses from 427 participants in a bid to ensure the data is statistically significant.

The survey generated a ranking of 96 underwriters and 117 brokers across Europe, the US and Bermuda, with ratings for 43 underwriting companies and 12 broking firms in total.

According to the research Trubshaw was the favourite among brokers who have more than 20 years' experience in the market and among brokers who have placed policies with over $50mn in gross written premium over the last year.

Trubshaw received a perfect score of five out of five when brokers rated him on his knowledge and experience.

Gregory Roberts of MS Amlin and Richard Holden of Fidelis ranked second and third, respectively, in the underwriter survey.

Out of the brokers assessed in the survey, Guy Carpenter scooped the two top spots.

Tim Martin, managing director at Guy Carpenter, was identified as the top broker in his class by about 7 percent of underwriters.

Martin was ranked most popular among underwriters with between five and 20 years' experience and for underwriters who have written between $25mn and $50mn of gross premium in the last year.

One underwriter cited Martin's ability to have difficult conversations with clients as a key positive attribute.

"He is [also] willing to have difficult conversations with his clients in order to achieve the best long-term outcome," the respondent said.

Meanwhile, Guy Carpenter's Simon Keeley came second and was a favourite among underwriters who have been in the market for more than 20 years.

Aon Benfield's Simon Rowland came third in the survey, and along with Keeley was a favourite among underwriters who have written between $25mn and $50mn of gross premium in the last year.

To carry out the survey, The Insurance Insider's data team, led by product manager and head of rankings research Carlos Pallordet, aggregated the information and sorted it to see which US property cat brokers and underwriters were most respected.

The process generated a body of data containing scores that were used to provide an overall ranking for individual underwriters and brokers, as well as ratings for specific attributes and a collection of anonymised comments.

Participation levels were calibrated to ensure a 10 percent margin of error at a 95 percent confidence level, meaning that the same overall results would be obtained in 95 out of 100 random re-runs of the survey.

A total of 427 nominations were received for the study, which asked underwriters to indicate which brokers they preferred and brokers to share which underwriters they rate most highly.

Brokers who took part in the study were asked to list three of their preferred individual underwriters to do business with.

Those writing the risks were asked to pick and rank the trio of intermediaries they rate most highly.





The importance of independence

The rankings work is undertaken by experienced research staff who share the ethos and values of The Insurance Insider, under the ultimate oversight of managing director Mark Geoghegan.

However, just as The Insurance Insider jealously protects its editorial independence, so does the standalone research team, operating autonomously from editor-in-chief Adam McNestrie and his team of journalists.

As such, the rankings and editorial businesses respect the necessary distance between the very different work that they do.

To gain full access to the survey data please contact The Insurance Insider's commercial director Spencer Halladey at