Welcome to Flip the Cap, the insurance industry's premier podcast! In this episode, Kathryn Smith sits down with special guest Oliver Pidgeon, Managing Director at Bowood (part of Howden Re), and Jencap's commercial lines brokers, Jim Andreoli and Tony O'Donnell. They unpack how a global marketplace of syndicates prices risk with data and discipline, and how reinsurance acts as the "tide" moving U.S. rates and capacity. This insightful crew discusses key global trends and their impact on our domestic insurance marketplace, emerging risks in the E&S space, and offers straight-talk predictions for 2026. If you're looking to better understand Lloyd's of London and the moving pieces that make up the Excess and Surplus lines market, this episode is for you.

🎧 Tune in now to our new season of Flip the Cap, the industry's premier podcast that delivers insurance insights with a twist!

Episode Highlights Include:

• [06:00-12:13] Global trends and their connection to domestic trends

• [15:44-21:37] Emerging risks in the E&S marketplace

• [23:41-28:03] New players entering the domestic market (MGAs)

• [28:03-32:37] Predictions for the E&S market in 2026

Welcome to Flip the Cap, the insurance industry's premier podcast! In this episode, Kathryn Smith sits down with Jencap's Canaan Crouch, EVP of Environmental and Energy Practice, and Loren Henry, VP of Environmental and Energy Practice. Together, they break down how recent tariffs, new federal policies, and global geopolitical pressures are reshaping the environmental and energy sectors, and what it means for insurance.

With the recent pivot away from solar energy and towards new energy sources, Canaan and Loren share real-world examples of relevant emerging trends, risks, market impacts, and environmental considerations. Retail agents can expect insightful strategies that keep them knowledgeable, able to navigate volatile price swings, and keep their clients businesses properly protected every step of the way.

If your clients operate businesses that intersect with renewable energy, oil and gas, or the next wave of mobile nuclear technology, this episode offers actionable insights to keep you ahead of the curve.

🎧 Tune in now to our new season of Flip the Cap, the industry's premier podcast that delivers insurance insights with a twist!

Episode Highlights Include:

• [03:50-09:19] Emerging Alternatives to Solar Energy and Their Impact

• [09:23-13:16] Risk Types Most Affected by Increasing Tariffs

• [13:17-20:20] Nuclear and Hydroelectric Power - Here to Stay?

• [20:52-23:21] Short Term vs. Long Term Effect on Energy Sources

• [23:45-26:20] How Retail Agents Can Navigate the Pivot in the Energy Industry

Welcome to Flip the Cap, the insurance industry's premier podcast! In this episode, Kathryn Smith sits down with Jencap's national practice leader for cannabis, Lee Woodruff, and Director of Business Development at Cannasure, Jim McErlean, to explore the ever‑changing cannabis insurance market. These cannabis experts unpack how state‑by‑state regulatory environments affect underwriting, highlight critical emerging coverages, and offer their #1 piece of advice for agents working with cannabis businesses. Our retail partners will gain actionable strategies to navigate the unique nuances of cannabis insurance and get a glimpse into the future of this market.

🎧 Tune in now to our new season of Flip the Cap, the industry's premier podcast that delivers insurance insights with a twist!

Episode Highlights Include:

1. 1. [1:17-04:06] Cannabis Insurance Market Trends: Reinsurance, Margins & Coverage Pressure

   2. [04:06-10:43] Essential Cannabis Insurance Coverages Agents Can't Overlook

   3. [10:43-15:52] Tips to Navigate State Specific Regulatory Environments

   4. [17:44 - 21:47] Hard‑to‑Place Cannabis Risks: CBD, Hemp & Kratom Challenges

   5. [22:08-29:54] Hidden Gaps in Cannabis Insurance Policies—and How to Avoid Them

   6. [30:02-33:57] #1 Tip for Agents Selling Cannabis Insurance from Industry Experts