Surplus lines market conditions begin to harden
As the tastes, trends and topics dominating contemporary society wax and wane, insurance and risk management evolve in turn.
Few places is this more true than in the Excess & Surplus (E&S) insurance market, where brokers are challenged to manage some of the most pressing issues of the day while responding to sporadically tighter market conditions thanks to multi-billion-dollar catastrophe losses, the subsequent rate hardening, and underwriting changes at some of the world’s largest carriers and insurance market — all while their own industry continues to consolidate.