Will pricing momentum continue for 2023? According to many in the industry, reinsurers will likely continue to see pricing momentum throughout the year, and Mitchel Zelman, an E&S broker and industry leader, agrees. Here’s a look at what can be expected moving forward based on S&P Global Ratings reports.
When it comes to Excess and Surplus Insurance and Brokerage, most individuals are often caught in a limbo. This is because this type of insurance provides coverage for risks that are not typically covered by standard insurance policies and not a lot of people are skilled in this department. Mitchel Zelman is a leading expert in Excess & Surplus space. He is an E & S broker, who provides innovative property and casualty insurance. and works with companies and organizations of all sizes—from Fortune 100 corporations to small and middle market entities—backed by the strength of USG.
USG Insurance Services, Inc., a national wholesaler, and MGA, announced the expansion of operations with the launch of the Brokerage Division. This division will be managed by National Director Mitchel Zelman and assisted by Kimberly Carter, Broker.
Mitchel Zelman comes to USG with an extensive background in developing and managing national brokerage teams as well as Property & Casualty placements. He most recently served as Senior Vice President at a large national brokerage firm and a Property Advisory Committee member.
Instead of 2022 bringing stability to the Property and Casualty (P&C) industry, catastrophic events (CAT) resulted in a volatile market. Although the Florida coast was the hardest hit, CAT in other states contributed to the high underwriting losses of all P&C insurers. Estimates vary for the Total Cat Insured losses in 2022; however, the latest reports calculate in excess of $125B.
The losses for 2022 continued the trend of a 5 to 7 percent loss every year for the last 10 years. Predictions are that similar losses will continue into 2023.
Noodle Station continues to bring laughter to the local Fort Lauderdale area with yet another comedy show. Abby Ballin will be returning as the host of the “Will Tell Jokes for Noodz”.
“Tonight’s event will be memorable for everyone. Comedians, guests, staff, and I will remember all the successful shows we have had over the last two years with our host, Abby Ballin. ‘Will Tell Jokes for Noodz’ is one of the best shows around and you definitely can’t miss this one,” said Mitchel Jason Zelman, co-owner of Noodle Station.
BOCA RATON, FL, USA, May 31, 2022 /EINPresswire.com/ — Insurance broker and entrepreneur Mitchel Zelman is once again hosting his annual scholarship program for college students in 2022-2023. After the July 31, 2022 deadline, a winner will be selected to receive the $1,000 scholarship.
The Mitch Zelman Scholarship aims to provide financial assistance to those who are currently continuing their academic endeavors by attending college or university.
Boca Raton Youth Triathlon was for a good cause as all of the proceeds went to the Children’s Tumor Foundation, a non-profit organization dedicated to finding effective treatments for people suffering from neurofibromatosis.
Parkland’s Mitchel Zelman, 36, first became involved in the foundation’s partnership with triathlons when he raced in the Ironman Florida event in 2014.
Zelman’s 9-year-old daughter, Taliah, participated in the race. It was only her second triathlon.
“I do it because my dad does it and you can do it for fundraising and for a kids’ foundation,” said Zelman, a fourth-grader at Riverglades Elementary School. “At the beginning, I try to go slow and then fast at the end. That is what I focus on. I think the best part about it is seeing my dad’s face when I finish.”
Young anglers participated in the annual Lighthouse Point Yacht Club (LHPYC) Kids Fishoff Contest. The winners were announced and presented with a bucket load of prizes for the catches they brought in.
“Seeing the excitement on a young angler’s face when they catch a fish gives me pure joy and happiness,” Said Mitchel Zelman, a fishing committee member. “The kids who went out there showed what it’s like to participate in a contest for the fun and love of the sport – creating happy memories”.
Mitchel was excited to be there to announce the winners of the Kids Fishoff Contest and present them with their well-deserved awards.
Noodle Station, an ‘Asian street food with soul’ restaurant co-owned by Mitch Zelman, is proud to announce its sponsorship with SAVOR SoFLO for an upcoming oceanside event. Noodle Station’s signature “Asian street food with soul” will be on the boardwalk at Hollywood Beach for this celebration of food, wine, craft beer, and spirits.
“We are looking forward to bringing our unique ‘bowls, bao and beer’ atmosphere to beautiful Hollywood Beach,” said Mitchel Zelman.
Click here to read more about Noodle Station and the Savor SoFLO Festival.
On April 9th, 2022 participants came together to celebrate and learn about Food Waste Prevention Week during the Save The Food Fest 22’ event. Noodle Station, a Fort Lauderdale restaurant serving noodle bowls, bao, and beer, participated in the Save The Food event.
“We’re proud to be active in the community,” said Mitch Zelman, co-owner of Noodle Station. “People are what bring a community together and what better way to bring everyone together than serving great food and learning about ways to reduce food waste in the process.”