Bridging the gap: How wholesale brokers are reshaping specialty insurance

[ad_1] The request was opposed by several other regulatory bodies [ad_2] Source link

[ad_1] “Workers’ compensation was already, in my opinion, one of the most complex lines of business to write,” she said. “Because the line is inextricably linked to the economy, drivers of profitability are not easily controlled or mitigated. In addition, its long-tailed nature brings uncertainty around the cost of goods sold, and the statutory benefits…

[ad_1] Advice comes as almost two-thirds of workers cite disconnection from management as reason for leaving [ad_2] Source link

[ad_1] Pine Walk, founded in 2017, now supports 12 MGAs and provides underwriting, operational and regulatory frameworks for specialist insurance businesses. In 2024, the platform’s gross written premium grew 11% to $900 million, with expectations to exceed $1 billion this year. [ad_2] Source link

[ad_1] Industry now faces tougher reporting and faces criminal sanctions [ad_2] Source link

[ad_1] The claims sector, in particular, is vulnerable to global supply chain disruptions and material inflation that could drive up costs and slow down the resolution process. Pat Van Bakel (pictured), president, North America loss adjusted, Crawford & Company, told Insurance Business that while the full impact of tariffs is still evolving and uncertain, the…