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Workers’ compensation renewal rates decreased on a year-over-year basis. -
It said improvements in cyber hygiene, underwriting and policy language were contributing factors.
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Industry veteran Peter McKeegan will lead the firm.
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Ryan Specialty CEO Pat Ryan opened the event, which was held last week in New York.
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Pearce brings 25 years of experience with a background in the A&E sector.
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The executive has over 20 years of experience in construction risk management.
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In 2023, the segment had its best direct loss ratio in nearly a decade at 50.8%.
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From a buyer and underwriter perspective, managing top risks needs fresh approaches.
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This is Emerald’s second facility, after its earthquake deal with Arrowhead.
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Claims department investment is needed to compete with the plaintiffs’ bar.
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In high-capacity, global E&S property, London has continued to be aggressive.
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Kinsale CEO Mike Kehoe said social inflation is unabating, but losses fuel the industry.
