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.
Click here to learn more about the 2023 property casualty report
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.
Almost half of new businesses don’t last a full year, proving passion alone is not enough.
So why do businesses fail? Is there something inherent about startups that makes them destined to fail? And what can you do as a new business owner to protect yourself and ensure that your company has the best possible chances of success?
Today Mitchel Zelman is sharing his knowledge with us, helping to answer the question of why so many startups fail in the first year and offering tips on how to avoid failures in your own company.
Last Look Consulting Group’s new training designed for sales teams is seeing immediate results after website launch
DEERFIELD BEACH, FL, USA, February 4, 2022 /EINPresswire.com/ — Just three weeks after Last Look Consulting Group launched its website, the firm is proud to announce it has secured its first client.
“We are rapidly building our reputation in the sales training marketplace,” said Last Look’s founder Mitchel Zelman. “Offering our clients an innovative program that will drive transformational change is something I am very passionate about.”
Click here to read more about Last Look Consulting Group’s success thus far.
