It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing general agent.Executive SummarySciemus CEO Rick Welsh explains why the modeling and analytics company has expanded into underwriting for power, energy, cyber, space and other specialty risks.
Despite the ongoing soft market, CEO Rick Welsh sees real opportunities for growth in these specialty areas by “seeking out market dislocations” or filling gaps in coverage when clients’ risk demands are not being met.