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Diversification, Risk Modeling Top of Mind for Carriers as Cyber Market Softens

Insurance Journal

As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in New York City. “They’re seeking diversification in the standard …

Cyber 189
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What is a Managing General Agent (MGA) in Insurance?

Distinguished

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

Agents 52
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Analyzing Average D&O Insurance Premium Trends in 2023 and Beyond

ProWriters

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. Consequently, this compounds and drives up the average D&O Insurance premiums specific to these sectors.

Premium 52