At a time when conditions within the property and casualty insurance market are relatively stable, leaders of excess and surplus lines organizations remain concerned about unanticipated exterior changes, one E&S executive said recently.
Joel Cavaness, president of Risk Placement Services Inc. (RPS), said what he worries about most are hidden game-changing external events that could force broker leaders to turn their attention away from the internal day-to-day tasks of running their businesses.
Mr. Cavaness spoke to NU in advance of his participation on a panel of surplus lines executives at the 2011 Mid-Year Leadership Forum of the National Association of Professional Surplus Lines Offices, Ltd. The NAPSLO meeting is set to be held Feb. 23-26 at Naples Grande Beach Resort in Naples, Fla.
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