Amwins

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.

Inside P&C’s news team runs you through the key highlights of the week.

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.

The two products offer coverage for high-value residentials in a state where frequency of wildfire is highest in the US.

The deal enables its retail brokers to offer cyber liability coverage for small and medium-sized businesses with fewer security tools in place.

The Amwins and Propeller bonds rollout will commence immediately, with continued efforts throughout the year.

The program focuses on underserved mid-fleet trucking accounts.

The executive takes over the role following almost five years working as executive vice president at Amwins.

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.

Carriers are likely to continue to focus on rate through first the months of 2022, Amwins says, though some classes see increases easing.

Excess coverages for public and private companies will include D&O liability, D&O side A/DIC, employment practices liability and fiduciary liability.

The executive has more than 25 years of experience in managing niche construction programs and most recently served as president of Pioneer Programs’ specialty contractors division.