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Surplus Line Association of California

SLACAL, Lloyd's Executives Debate California's $24B Surplus Lines Market

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SLACAL, Lloyd's Executives Debate California's $24B Surplus Lines Market

San Ramon, Calif. – September 16, 2026 -- California's surplus lines sector now writes roughly $24 billion in annual premium, with Lloyd's holding an 18% share of the state's excess & surplus (E&S) market in 2025, according to a new on-the-record discussion released by the Surplus Line Association of California (SLACAL).

The conversation, the inaugural episode of SLACAL's Executive Forum video series, features SLACAL CEO & Executive Director Benjamin J. McKay and Lloyd's Americas President Marc Lipman, moderated by SLACAL Chief Industry & Regulatory Officer David Kodama Jr.