A new report on the specialty program insurance business concludes that the specialty segment is alive and well, with program insurers actively seeking new, profitable programs. The report (see here & here) by Guy Carpenter is a summary of the results of a survey of program carriers. Carl Bach is Senior Vice President and head of Guy Carpenter?s Program Manager Solutions Specialty Practice, and a very experienced practitioner in the specialty program segment. He noted: Based on this year?s survey...
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