The middle-market opportunity for reinsurance intermediaries has been “relatively overlooked” by the traditional market, according to Steven McElhiney, vice chairman and chief commercial officer at Piko Re.
Piko Re Intermediaries is an AI-native reinsurance broker launched in September by Piko AI to target what the firm described as a “major gap” in the captive market, where a substantial portion of global captives do not currently use reinsurance.
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