The rating and launch of the platform comes as the US surplus lines market remains one of the fastest growing segments of the property-casualty sector, driven by growing appetite for sanctioned markets and increased catastrophe, liability and social inflation pressures. Brokers have increasingly turned to E&S carriers for complex property schedules, high-risk casualty business and emerging risks where standard policy forms and rate structures are less appropriate. A+ Rating MSIG Specialty Insurance America, Inc. Provides a strong foundation for competing for this business, especially as brokers need to balance the flexibility of the form with the counterparty strength requirements of insurers, lenders and regulators.
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