Interviews

The carrier expects to re-emerge after operating as going-concern Anchor.

The percentage of cases that could lead to higher losses increased in 2023.

The executive added that he expects “some level of consolidation” in the fronting space, estimating that there are 24 players in the US market.

In his first interview as CEO of the private brokerage, Zimmer said he will not change the DNA of the firm and that legislation around non-competes may help Alliant.

The mid-market build-out comes in response to trading partners' needs for more on-the-ground-support for more complex risks and the constraints of a digital-only product.

“We're certainly much more optimistic than we've been at any point probably over the last five years,” he told this publication in an exclusive interview.

The CEO emphasized that while trading conditions are favorable for the specialty segment, the company would make the decision to go public based on its own merit rather than market timing.

The executive expects the Bermudian to start onboarding programs later in 2024 or early in 2025.

The CEO said the strong performance of MGAs during market dislocation has made it more challenging to accurately value future growth potential of M&A targets.

Hamilton is seeing additional opportunities on the casualty reinsurance front as other players pull back, given the loss activity stemming from 2019 and prior years.

The state is already experiencing affordability challenges, and regulators are concerned that an availability crisis is brewing.

This is the first time since 2015 the company has offered a broad-based liquidity opportunity to its employee shareholders, which is around 20% of its entire staff base.