Join Joe Gendelman (YPO New York City Regional Integrated) as he invites Ashutosh Rathore and Kapil Bhatia to discuss the impact of property insurance on our personal lives, business environment, and government finances. 2023 was the third consecutive year with approximately USD 100B in catastrophic losses and the market remains challenging in 2024. Some lines of coverage are at historic loss levels which affects sustainable insurance coverage at affordable levels. Whether trends, geopolitical environment, inflation, and social issues continue to present challenges to both insured and insurers. The speakers will share insights based on their extensive experience with early-state insurance sector private market players as well as government agencies involved in the property insurance markets.

Property Insurance market trends
Factors presenting challenges to insured and insurers
Insights into the private sector and government agencies influencing the market

Ashutosh Rathore, Managing Director, Insurance Investment Banking, Raymond James

Worked with insurance sector clients in the US since 2007 across property and casualty, life insurance, and insurance distribution and services verticals, across multiple leading insurance investment banking platforms, including Raymond James, Guggenheim Securities, Greenhill, UBS and Wells Fargo.
Delivered strategic advice and transaction execution for a broad range of insurance sector clients, including public companies, mutual companies and financial sponsor owned companies. 
Experience in buy-side and sell-side M&A, corporate defense, special committee advisory, and public and private equity and debt capital transactions.

Kapil Bhatia, Managing Director and Head of Insurance Advisory, Raymond James

Raymond James has a specialty group that provides holistic financial and investment advice to some of the largest quasi-governmental entities with catastrophic risk in the United States. 
With over 25 years of municipal experience, and as the head of Raymond James’ Insurance Advisory Group for over 12 years, Mr. Bhatia has led the quantitative and analytical efforts for capital markets financings, risk transfer programs, and investments for the firm’s engagements with all of its catastrophe insurance clients, including Citizens Property Insurance Corporation, the California Earthquake Authority, the California Wildfire Fund, the Florida Hurricane Catastrophe Fund, Florida Insurance Guaranty Association, New York’s Metropolitan Transportation Authority, Texas Windstorm Insurance Association, North Carolina Insurance Underwriting Association and Louisiana Citizens Property Insurance Corporation.