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It is targeting $25mn GWP this year and $50mn GWP in 2025.
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The broker will be using Verisk US agricultural risk models.
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Insurers and their allies hope to capitalize on increased attention to pass a slew of reforms.
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Umbrella recorded the highest premium increase, at 8.6%.
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Through Q2 2024, the index is up 10% since 2020.
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Woodruff Sawyer is understood to have revenue in the $240mn ballpark and Ebitda in excess of $50mn.
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This follows yesterday’s appointment of Sean Smith as company president.
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A quick roundup of today’s need-to-know news, including medmal tightening, global premiums and more.
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The executive will focus on securing reinsurance capacity for new programs.
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Batch coverage is also coming into focus as insurers look for ways to reduce exposure to large losses.
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This year’s top-line growth will be a decade high.
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The executive joins RPS after almost 12 years at Markel.