Amwins
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Rhodian facilitates capacity and technology relationships for new MGAs.
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In the firm’s 2023 State of the Market report, it covered multiple classes, warning that for property (re)insurance in particular, inflation will likely continue to inflict pressure.
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Inside P&C’s news team runs you through the key highlights of the week.
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The CEO noted that retailers seeking to enter the wholesale segment through M&A risk losing staff amidst a talent shortage in the insurance industry.
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The two products offer coverage for high-value residentials in a state where frequency of wildfire is highest in the US.
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The deal enables its retail brokers to offer cyber liability coverage for small and medium-sized businesses with fewer security tools in place.
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The Amwins and Propeller bonds rollout will commence immediately, with continued efforts throughout the year.
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The program focuses on underserved mid-fleet trucking accounts.
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The executive takes over the role following almost five years working as executive vice president at Amwins.
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James Drinkwater, who served as president of brokerage since 2008, will focus more fully on his role as group president and executive chair of Amwins Global Risks.
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Carriers are likely to continue to focus on rate through first the months of 2022, Amwins says, though some classes see increases easing.
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Excess coverages for public and private companies will include D&O liability, D&O side A/DIC, employment practices liability and fiduciary liability.
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