Demystifying the Non-Admitted Insurance Market with Jon Uyeyama

Up 2 Speed

Jan 31 2024 • 28 mins

In this insightful episode of 'Up to Speed', join the conversation as Samantha and industry expert Jon Uyeyama, a renowned wholesale underwriter from Novatae, delve into the intricacies of the insurance industry. This comprehensive discussion gives unparalleled insights into the non-admitted market - a place perceived daunting yet is ripe with opportunities for those armed with knowledge and guidance.

Despite a seemingly gloomy outlook, Uyeyama elucidates how the non-admitted market consistently delivers robust performance. The greatest challenge, he reveals, is for retailers to comprehend the dichotomy between the admitted and non-admitted markets and the evolving dynamics of commercial vs residential sectors. But, with the right education and a trusted wholesaler by your side, these challenges can easily be surmounted.

As the conversation transgresses to industry trends, Uyeyama predicts an upsurge in liability and professional lines, influenced by global circumstances affecting market volatility. He offers invaluable advice on accessing insurance markets and ways to streamline the submissions procedure.

Uyeyama brings his vast expertise in wholesale insurance to this episode, dispensing hands-on tips and guidelines that help listeners navigate this intricate territory. He discusses the critical role of clear communication, thorough research, and a strong relationship with wholesalers to ensure smooth operations.