You may have read about some standard lines companies deciding to swim with the sharks in the E&S property ocean. This begs the question, what could compel an established, traditional insurance company to enter the E&S space? Why now? What do they know that I do not? Should I be thinking about how this could improve my results?
These are the recent questions we have been fielding from a variety of clients and prospects. The answers are not simple, because there are two competing issues that companies grapple with: the economics and the emotional attachment to the status quo.