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May 10, 2022, 06:00 PM

A Conversation With AM Best: Performance Assessments and What They Mean for InsurTechs

A talk by Elizabeth Blosfield and Greg Williams Carrier Management & AM Best

As the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) has grown - doubling in the last 10 years across the largest insurance markets - AM Best has decided it’s time to deliver assessments of these entities. Best’s Performance Assessment for Delegated Underwriting Authority Enterprises is a non-credit assessment of a delegated underwriting authority enterprise’s ability to perform services on behalf of its insurance partners. But what will AM Best be looking for, and should InsurTechs apply for these assessments? In this individual interview, Greg Williams, senior director of analytics at AM Best, will explain the assessment framework and answer these questions.

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