Hardest to Place Risks/ Lack of Markets

[owencole]

I'm doing research on behalf of a group of investors looking to start an MGA.

What risks do you find the most difficult to place? Where do you see a complete lack of markets?

Cat exposed property (HO and Apartments) was one thought. Workers comp for individual contractors, especially those in high risks groups like roofers, was another.

Thanks in advance for the insight.

 

[randomcaffeine]

My 2 cents:

Delivery Drivers that own their vans.

They deserve good policies but shouldn't have to pay $500 a month for them when they only take home $3k a month.

 

[jlanier]

I'm doing research on behalf of a group of investors looking to start an MGA.

What risks do you find the most difficult to place? Where do you see a complete lack of markets?

Cat exposed property (HO and Apartments) was one thought. Workers comp for individual contractors, especially those in high risks groups like roofers, was another.

Thanks in advance for the insight.

Reposessors (general liability, work comp, wrongful repo and commercial auto)

 

[CLPLDrew]

Truckers... almost all markets are closed to new agencies.

 

[Markthebroker]

Yeah, truckers. Tow bizz's. Anything auto right now, really. Especially anyone doing any type of ride sharing; Uber, Lyft, Getaround.com.

 

[BADTROUT]

Commercial Auto definitely

 

[Lashonda Billue]

Non Emergency transportation

 

[marindependent]

On the personal lines side: Hard to Write Homes
Homes built in high fire zones, Coastal, Built with odd characteristics.

 

[EugeneM]

roofers, general contractors, clerical only, new venture contractors, multi state, lapsed/exempt accounts, trucking - loading/tarping, staffing, coming out of peo, I could go on and on. Did you get the mga going?

 

[Heather]

Homes with a claims history which are now in mint condition but still not writable. Taxi, limo, maintenance companies.