Mercator’s Treanor sees private equity’s impact on surplus lines as ‘positive’
The softening market is going to last for a while, says Chris Treanor, president and CEO of Mercator Risk Services, a national wholesale insurance broker established in January 2006. Treanor believes players in the surplus lines insurance industry will need to be looking at strategies for riding out softening market conditions for the next three to five years. In an interview with Insurance Journal’s Stephanie Jones, Treanor explains his company’s approach to maintaining profitability and discusses the impact of private equity on the surplus lines business, which he views as positive.
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