“Bottom line, there is still some apprehension on writing vape or vape-related risks, but insurers are optimistically cautious,” remarked Jay Virdi, Hub International’s chief sales officer for cannabis insurance and risk services in the U.S.
Richard Binder, based in New York, is part of the social media team at ALM.
Emerging markets are growing fast, including hard-to-place risks that are served by specialty insurance in areas such as property risks, commercial auto, industry-specific risks and an influx of specialty purpose acquisition companies.
It’s a good time to be in the E&S market.