U.S. Brokers to Feel it More Than Insurers, Business Insurance, ft. Kevin Mattessich
Kevin M. Mattessich, managing partner in the New York City office at Kaufman Dolowich & Voluck, LLP, was quoted in Mark Hofmann’s Business Insurance article on the Brexit vote’s impact on insurance.
“In terms of the U.S. (insurance) market, if the barriers go up in Europe, the clients I deal with have always done business in the U.S., in Latin America, Asia; they can redirect their business to markets they’re familiar with,” said Kevin Mattessich, a partner at Kaufman Dolowich & Voluck L.L.P. in New York.
“Aon’s incredibly innovative; Aon’s got its local brokers,” said Mr. Mattessich. “Do they suddenly get shut out of Germany” if the U.K. leaves the E.U.? That shouldn’t happen “unless there’s another real vicious trade war, if not a hot war.”