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Market Overview – Property Insurance
Contributor: Dave Burridge, Head of Property Package, Burns & Wilcox UK Over the last three years, the Property Insurance market has grappled with double-digit rate increases and reduced capacity. However, as of late, rates are stabilising, and capacity is softening, thanks in part to carriers aggressively re-entering the market. Rate increases have averaged only 5-10% in 2023—a noticeable decrease from
Burns & Wilcox MD Goes Behind the Scenes of Strategic Realignment
Insurance Business UK: From concerns about talent pipelines, to capacity crunches, to regulatory upheavals, an MGA’s task of navigating the headwinds and tailwinds faced by intermediaries operating in the insurance market is never done. And despite the variable nature of MGAs, there’s a common theme linking those that have done so successfully – their ability to rapidly adapt and evolve
Other Recent Intel
Insurance Journal: With a staggering 50% of the current insurance workforce set to retire in less than 10 years, potentially leaving more than 400,000 positions unfilled, nearly every insurance organization is struggling to recruit new talent while retaining their best talent. But what makes a great place to work? Why do the best employees stick around? What attracts and retains…
Crain\'s Detroit: Jodie Kaufman Davis, executive vice president of global insurance firm H.W. Kaufman Group, in a talk with Crain Communications President and CEO KC Crain, said having outside voices to facilitate family conversations helps keep a level of balance within the 54-year-old company. Kaufman Davis is a part of a third generation, along with her brother Daniel, helping to run…
Insurance Business America: Jodie Kaufman Davis, Executive Vice President, H.W. Kaufman Group; President, Burns & Wilcox Canada; Chief Strategy Officer, Atain Insurance Companies, may not have initially sought to follow in her family’s footsteps and build her career in insurance, but a change of mind and a pivot out of the legal arena ended up paying personal and professional dividends. READ MORE.
Insurance Business America: In the world of insurance, few names resonate as deeply as H.W. Kaufman Group. At the heart of this legacy is Danny Kaufman, executive vice president, who recently sat down with Insurance Business to discuss his journey, the challenges of the pandemic, and his commitment to community service. READ MORE.
Taking on a business that bore his family name was far from predestined or straightforward for Alan Jay Kaufman. READ MORE.Â
H.W. Kaufman Group, headquartered in Farmington Hills, Mich., elected Chris Randazzo to its board of directors. READ MORE.
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