The Association provides networking opportunities, educational programs, and legislative advocacy on behalf of its members.
Today’s Wholesale Insurance Intermediary represents the gamut from standard admitted lines insurers, excess & surplus lines insurers and specialty niche carriers.
What is Specialty Lines?
In the past, most wholesale insurance intermediaries represented what are known as Excess & Surplus Lines Insurance Companies (E&S). These are insurers regulated in their home state but are not an “Admitted Carrier” in other states in which they are doing business. Traditionally, E&S companies made insurance available to insureds who could not find coverage from standard (admitted) insurers. Read more
Working with Specialty Insurance Markets
If there is one way to win the heart, mind and hard work of the wholesale insurance intermediary it is in providing them with superb quality submissions. Nothing is more crucial to success than the quality of the information you provide. Agencies who demonstrate their superior ability at developing submissions have the most success with wholesalers. Read more
Andrew Markley Elected to the OAPSLO Board of Trustees
Andrew Markley, MBA, CIC, CRM, Director of Business Development at Nationwide Brokerage Solutions was elected to the OAPSLO Board of Trustees at their Annual Meeting on Sept. 13th. He will serve a two-year term beginning Jan. 1, 2024. Andrew is responsible for prospecting, appointing and ongoing relationship maintenance of seller groups at Nationwide Brokerage Solutions. Additionally, he serves as liaison between NBS and Nationwide Property & Casualty to facilitate solutions for member agencies. Internally, he is responsible for collaborating with both inside sales team and Field Consultants. Thank you, Andrew, for your leadership on the OAPSLO Board of Trustees! Andrew Markley LinkedIn Profile
Annual Meeting and Golf Outing
The program included three excellent presentations by leaders in the insurance and technology industry. The participation by the audience and comments received afterwards reinforce that the topics were timely, interesting, and relevant.
Tim Makowski, Senior Vice President, Business Development at MarshBerry, “Marketplace Update: State of the E&S marketplace, the Specialty Distribution market, and E&S Mergers and Acquisitions.”
Nick Coenen, Principal & Co-Founder at Wikifri, “The top 3 Innovations in the Insurance Industry: It takes the power of connections through deep industry relationships and battle-tested experience to network the resources of start-ups, insurtechs, insurance companies, and investment capital to maximize innovation in insurance.”
OAPSLO had a perfect day for its Annual Meeting and Golf Outing. Photos can be viewed here: 2023 Photos.
E & S MARKET NEWS
Welcome New Members
Welcome USG Insurance Services, Inc. and Timothy Horton to OAPSLO! USG is a national wholesale broker and managing general agent with 20+ offices across the country. They represent a variety of A rated carriers, both admitted and non-admitted, and work with over 400 different brokerage markets. USG writes all lines of Excess & Surplus business in all states.
Welcome Nalico General Agency and Jen Pike to OAPSLO! Nalico is headquartered in Texas, and is a member of the DUAL North America, Inc. group of companies. Nalico is filing in Ohio to write new business for preferred and specialty homeowners, dwelling, and manufactured homes.