RSUI's Leonard defends wholesalers from cost critics

RSUI's president and CEO David Leonard has sought to dispel
the "myth" that the cost of doing business with the
excess and surplus lines market is higher than the retail
sector.
Speaking at the newly-rebranded Wholesale & Specialty
Insurance Association conference in San Diego, which was formerly
named Napslo, Leonard said that while distribution costs in the
wholesale space were higher, the overall cost of placing E&S
coverage was comparable to policies placed in the admitted
market.
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