In his new role as Senior Vice President of Excess & Surplus Lines at Philadelphia Insurance Cos., Scott Bayer will be tasked with defining the carrier's presence in the nonadmitted market, identifying profitable target niches, expanding the insurer's product offerings to existing agents and expanding its distribution sources.
Here, Bayer talks with NU about where opportunities can be found in the E&S market, the need for diversification in carriers' risk portfolios, and the age-old conundrum of balancing market share and underwriting profit.
What do you consider the biggest growth areas in the E&S market at the moment, and where are E&S insurers getting rate?
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.