The Excess Line Association of New York (“ELANY”) announced yesterday the kickoff of its year-long Thirty Years Serving New York celebration. Created by an Act of the New York State legislature in 1988 and commencing operations in 1989, ELANY is a nonprofit industry advisory association charged with assisting excess line brokers comply with the laws, rules and regulations of New York State with regard to excess line insurance.

ELANY plays a key role in protecting consumers, facilitating the smooth operation of the excess line market in New York, ensuring that unauthorized insurers writing excess line business in New York are financially strong, and advocating with both policymakers and regulators to continuously improve the ability of the excess line marketplace to meet the emerging needs of consumers, brokers and insurers.

Read the full press release here.