Burns & Wilcox
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However, the market is still struggling with excess capacity and low demand. -
She previously worked at Aon as an expert in global property placements.
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Peter Kestenbaum has nearly 20 years of industry experience, particularly in E&S.
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Wood started at the wholesale broker in February.
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The broker sees rising costs pushing more careful underwriting and rate rises across multiple business lines for the rest of 2022.
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With eyes on the $61bn and growing cannabis market in the US, Burns & Wilcox names Jason Scheurle as national product leader.
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The staff joining Burns & Wilcox are Nelson Oliva, Kristopher Guasch, Andrew Sable, Jeremy Bright, and Patrick Sullivan.
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Privately held Kaufman saw gains across Burns & Wilcox and other units; adding more than 250 to headcount in 2021.
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The firm's top executives said market conditions will remain challenging for the next year in a half.
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As the market continues to harden, some carriers are scaling back their appetite in the binding space, while others are “jumping with both feet”.
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After a rocky 2020 for the industry, restaurants and bars are seeing carriers tighten underwriting guidelines, increase rates and pull out of the market all together.
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In New York, Burns & Wilcox has hired Ryan Ascenzo from Arc Excess & Surplus and Alexander Arnold of CRC.
