Surplus lines brokers and insurers, who will meet to discuss issues in the crosshairs of their market segment this month, will also have an opportunity to attend educational sessions about broader topics with potential market impact, organizers say.
In addition to the usual face-to-face networking opportunities, this year's midyear educational workshop of the National Association of Professional Surplus Lines Offices Ltd. offers one educational session that will look at the impact of private equity investment on the insurance industry, and another featuring a political expert who will speculate on the outcomes of this year's key elections, including the presidential election.
Explaining the impetus for organizing a panel to discuss the first topic, Robert Sargent, co-chair of NAPSLO's Communications & Technology Committee, noted that there has been “quite a bit of an increase” of private equity investment in the market, especially in specialty or surplus lines businesses.
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