Burns & Wilcox CEO Says He Is Bullish on Specialty Insurance
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Burns & Wilcox Chairman, President and CEO Alan Kaufman spoke with Insurance Journal's Elizabeth Blosfield about his outlook for the insurance industry in the future, explaining that he is bullish on the industry as a whole, especially in the specialty insurance arena.
He stated that he sees a growing need for business as most companies have experienced underwriting losses for a number of years in a challenging environment.
"The rates are very low, so it's a challenging time," he said. "A challenging time will eventually dictate that we'll have greater opportunities in our segment."
Kaufman was speaking at the 2018 WSIA Annual Marketplace held in Atlanta.