Nationwide's Horsch says broker facilities now dominate excess casualty towers as sidecars spread downmarket
Broker facilities have evolved from being a novel to being ubiquitous in excess casualty in roughly 12 months, second-tier brokers are exploring sidecar-style structures of their own, and new business has flipped from easy bind to a source of stress, Nationwide head of retail excess casualty Mary Horsch said.
Broker facilities have evolved from being a novel to being ubiquitous in excess casualty in roughly 12 months, second-tier brokers are exploring sidecar-style structures of their own, and new business has flipped from easy bind to a source of stress, Nationwide head of retail excess casualty Mary Horsch said.
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