A few themes emerged at this year’s Annual Marketplace, including challenging market conditions, the talent gap, and the promise of Insurtech.
A record-breaking 4,500 people gathered at this year’s WSIA Annual Marketplace in Atlanta in late September. WSIA president Jacque Schaendorf says attendance continues to rise year after year.
“I can’t say enough about the efficiency of networking at the WSIA Marketplace,” she said. “There are so many opportunities for education and career development, and I think more industry professionals are starting to realize the value of that.”
Risk & Insurance® sat down with a handful of attendees to learn what trends and challenges they’re tracking in the E&S space. Here are 5 key takeaways:
1. The E&S market expects continued opportunities for growth.
According to Jude DiBattista, head of E&S Property & Casualty at QBE North America, the growing economy increases the need for E&S coverage.
Jude DiBattista, head of E&S Property & Casualty, QBE North America
“Certain classes are seeing 6 to 10 percent increases in demand,” he said. Among them are construction; increasing frequency and size of infrastructure projects introduces substantially more risk and drives up…
