Professionals in the property & casualty insurance industry know that there is never a shortage of news they need to stay up to date on, and this has only been amplified since the start of the COVID-19 pandemic. Changes in regulations, policy wording and developing risks, among others, have made the need to keep up with industry news more important than ever.
Developing risks are especially concerning in E&S (excess & surplus) lines markets. This market meets the needs for adverse losses, unusual insurance products or risks unable to be placed in conventional markets due to a shortage of capacity. This includes segments such as aviation, directors & officers, pollution, drones, cyber liability, terrorism, trucking and much more.
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