E&S is the 'path forward for the future' for the HNW space: PRMA panel
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E&S is the 'path forward for the future' for the HNW space: PRMA panel

Kyoung-son Song
September 13, 2023
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The excess and surplus lines (E&S) market could be the “path forward for the future” for high-net-worth insurers, which are dealing with weather-related losses, according to panelists on the Private Risk Management Association (PRMA) webinar Wednesday.

David Pochinco, AVP of prestige underwriting at The Hanover, attributed the migration to admitted carriers not being able to get the appropriate risk-adjusted returns because they can’t get the rate filings approved in many of the states.

“In

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NewsHigh net worthPersonal linesThe Hanover
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Kyoung-son Song
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