‘Slight’ shift back to standard market expected in a couple of years: Powell Brown
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‘Slight’ shift back to standard market expected in a couple of years: Powell Brown

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While the flow of business into the excess and surplus (E&S) channel will continue in 2024 and 2025, there could be a “slight rotation back” to the standard market in a couple of years, Brown & Brown CEO J Powell Brown said.

On a call with analysts, the executive said: “There fundamentally is a continued transition of certain types of business, not specifically and limited to cat property, that are rotating into the E&S market.

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