We're thrilled to announce that our innovative approach to property insurance has caught the attention of industry experts! We've been featured in a recent article by Insurance Business Magazine, highlighting how we're navigating the waves of property insurance disruption and turning challenges into opportunities.
At a time when many insurance carriers are shrinking their capacity or exiting the California property insurance market, one wholesale broker is charging in to seize growth opportunities.
“Over the past 12 to 18 months, and specifically now, we are trying to grow as much as we can in California,” said Daniel Feigenbaum (pictured), chief executive officer of London Underwriters, a wholesale insurance brokerage that specializes in writing admitted and non-admitted business for independent retail agencies in almost all 50 states.
The Florida-based firm has been around since 2010 but has mainly focused on its presence on the East Coast. For Feigenbaum, the availability crisis in California creates space for wholesalers to offer unique solutions.
“We feel that this is a very opportune time to help solve a lot of the problems for agents in California,” he told Insurance Business.