Run Time: 2:49
The surplus lines industry continues to outperform the overall property and casualty industry year after year; but that performance gap is shrinking. Profitability in surplus lines isn't quite what it used to be. But industry innovator Patrick Ryan, chairman and CEO of Ryan Specialty Group says there’s a lot of interest right now in surplus lines. And there’s a reason for that. That reason is innovation, a key attribute to surplus lines. In this interview with Insurance Journal’s Andrea Ortega-Wells at the annual National Association of Surplus Lines Offices (NAPSLO) annual convention in San Diego, Ryan shares his thoughts on why the surplus lines industry will keep its lead and why he believes now is the right time to grow.