The E&S market is typically seen as the leading indicator of hardening in the broader market.
Lower valuations, fewer buyers and a different profile of bidder has been borne out by these two situations.
Founding CEO Daniel Schreiber said InsurTech firms were “better at the art and science of underwriting risk” than traditional carriers.
A firming D&O market is making insurers think twice about granting activism-related coverage extensions.
Former RSA director Jimmy Barber says the state scheme is working to cut its own costs.
Early paying of premiums could draw in capital, panellists told a Trading Risk event.