Oct 25, 2017
Dan Maher is the COO and Executive Director of the Excess Line Association of New York (ELANY). ELANY’s business focus revolves around facilitating and encouraging compliance with New York’s excess law line. It is a non-profit industry advisory association. Dan is an attorney who is licensed to practice not just in New York, but also New Jersey and a good number of federal courts. Before he joined ELANY, Dan was the Senior Vice President of Lancer Insurance Company.
In this episode, Dan explains the new developments in the surplus lines industry. He discusses the new regulatory scheme in New York and the possible impact of repealing the Diligent Effort. He also explains why the laws we have today are outdated when it comes to handling potential new risks.
“The Diligent Effort is not what determines whether or not a risk goes to the surplus lines market; it’s the needs of the insured and the retailer.” – Dan Maher
Today on Spot On Insurance:
Connect with Dan Maher
This episode was brought to you by…
Spot On Insurance is brought to you by Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com.
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