Layered Programs: A Strategy for the Hard Market -
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Published on: 8/20/2004
Last Visited: 8/20/2004
Mark Bouchane, casualty manager, Aon Specialty Re, adds that agents and brokers play a critical role in selling layered programs to insurance and reinsurance companies."Agents that understand their client and his or her business do the best job in presenting a program to an insurance or reinsurance company."
Putting all your eggs in one basket can be risky.Layered programs provide a solution."Say, for example, Swett & Crawford has an account from a broker," says Mark Bouchane, "Swett would take the primary coverage out to markets with rated carriers.
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Mark Bouchane, CPCU, senior vice president & casualty manager, Atlanta, GAmark bouchane@asg.aon.com