ProWriters

FEBRUARY 7, 2025

No insurance broker or agent today can afford to ignore the presence of artificial intelligence in cyber security. AI-driven advancements in malicious tactics mean brokers must account for evolving risks in the underwriting process. Become a registered ProWriters broker today.

Cyber 53

Cyber Broker-Agent Broker Liability 53

Distinguished

OCTOBER 1, 2024

If you missed our recent webinar, “Fine Art & Collectibles Insurance: Q&A for Brokers,” don’t worry. Hear directly from our underwriters on how Distinguished can help you win business and deliver superior service to your clients. Brokers with similar accounts are welcome to send them in for review.

Broker 52

Broker Broker-Agent Inland Marine Insurance 52

Distinguished

JULY 8, 2024

If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Underwriters with hospitality industry knowledge and expertise. Dedicated claims team experienced in hospitality-related losses. Q: What states is this available in?

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurance 52

Smart Insurance Agents

OCTOBER 16, 2024

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. This article will explain how brokers operate, the benefits of using one, and how to find the right broker for you.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52

American Agents Alliance

JULY 5, 2024

Agents and brokers can leverage data analytics to help reduce their E&O risk and mitigate losses in several ways. Ways to Leverage Data Analytics to Mitigate E&O Risk Here are some actionable ways independent agents and brokers can use data to mitigate their E&O risk.

Risk 40

Risk Broker-Agent Agents Policyholder 40

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurance 52

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurance 52

Distinguished

SEPTEMBER 17, 2024

We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. And in those cases, it would be a declination.

Risk 52

Risk Broker-Agent Deductible Insurance 52

Word & Brown

SEPTEMBER 13, 2024

In your role as a broker and consultant for your individual and business insurance clients, you want to be sure you’re able to provide the personal service they want, while also doing what’s necessary to nurture a long-term relationship. You could also be asked about a plan’s claims efficiency rating or A.M.

Broker 52

Broker Out-Of-Pocket Broker-Agent Insurer 52

Cowbell

JUNE 28, 2024

The Independent Insurance Agents of Texas (IIAT) had their annual conference last week, bringing together agents, underwriters, thought leaders, and service providers to network and learn about the most pressing trends in the industry. Many businesses remain underinsured and agents and brokers want to close that gap.

Broker-Agent 40

Broker-Agent Cyber Agents Broker 40

American Agents Alliance

NOVEMBER 15, 2024

Developing and maintaining strong, trusting carrier relationships is essential for an independent agent or broker. Collaborative partnerships with carriers improve service for policyholders, enhance an agency’s growth potential, and provide learning opportunities for agents. Proactively solve problems alongside carrier partners.

Building 40

Building Agents Broker-Agent Policyholder 40

Distinguished

SEPTEMBER 25, 2024

Soft costs : Additional expenses caused by a covered claim that are not related to building materials, equipment, or other hard costs; these soft costs could include additional reinspection fees, increased tax burdens, and insurance premiums. They require insurance to protect against potential claims. Access our online Broker Portal.

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

AUGUST 26, 2024

Why You Should Partner With Distinguished for Builder’s Risk in Michigan  For brokers looking to grow their business in Michigan’s Builder’s Risk market, partnering with Distinguished offers a number of strategic advantages. Access our online Broker Portal. However, all relevant parties should be named as insureds. 

Risk 52

Risk Broker-Agent Insurance Insurer 52

Zywave

DECEMBER 18, 2024

Our ultimate goal is to help insurers grow more profitably and help brokers increase premium in fast-changing coverage areas while also enabling insurance buyers to have better renewals. Registration is now open: [link]. Become a sponsor to attend the awards gala on June 12.

Insurance Industry 52

Insurance Industry Cyber Broker-Agent Insurance 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Louisiana Insurance Commissioner Tim Temple – a self-described “unicorn” among insurance regulators, given his decades-long background in the industry as an agent, broker, and company president – even renamed programs to address “legal system abuse” when he assumed office in January. We want to pay claims as expeditiously as possible….

Out-Of-Pocket 65

Out-Of-Pocket Broker-Agent Premium Claim 65

Distinguished

SEPTEMBER 10, 2024

However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy. Sign in to our Broker Portal. Register with us.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. Every property is unique, with different risks and potential exposures.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Property Insurance Centre

JANUARY 4, 2024

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Distinguished

AUGUST 12, 2024

When determining the end price of a policy, our underwriters will look at a number of factors that can influence whether the final premium will be closer to 1% or 5% of the total project cost. Expertise : Our underwriters have been insuring Builder’s Risk projects for years. In most cases, you’ll get a quote back instantly.

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

AUGUST 5, 2024

Affects homeowner premiums : If a claim needs to be made for one of your clients’ toys, that claim could lead to increased premiums on their homeowner’s insurance, a financial burden that may not be worth the claim. Property and Liability products are distributed through a national network of agents and brokers.

Broker 52

Broker Insurance Insurer Insured 52

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). It’s a double play—claims processed swiftly, premiums collected seamlessly, and customers satisfied. Now, imagine the infield—shortstop, second baseman, and first baseman—all working in harmony.

Premium 40

Premium Underwriting Underwriter Claim 40

Distinguished

NOVEMBER 7, 2024

Principal’s Default: A claim under a surety bond arises only upon the default of the principal. The surety’s role is complex, as it must diligently assess the risks associated with underwriting bonds. Importantly, if the surety pays out a claim, they will seek reimbursement from the principal.

Claim 52

Claim Compensation Risk Broker-Agent 52

Distinguished

JULY 22, 2024

At Distinguished Programs, our specialty fine art and collectibles insurance offers several key advantages over relying solely on homeowners insurance: Doesn’t Affect Homeowner Premiums : If your client needs to file a claim, it won’t impact their homeowner’s insurance premiums.

Insurance 52

Insurance Insurer Insured Policy 52

Jackson & Jackson

AUGUST 16, 2024

Insurers have been reassessing risk models and adjusting their underwriting guidelines to adapt to the evolving landscape, making it more challenging for homeowners to find suitable coverage. Look for reputable companies with a strong financial standing and a history of satisfying their customers’ claims. Please contact us here!

Insurance 52

Insurance Insurer Insured Risk 52

LexisNexis

OCTOBER 10, 2024

If the payroll comes from a PEO, do I need to join the servicing agent(s) of the PEO and the special employer? If the PEO’s insurance company is paying benefits, there is no need to join the servicing agent or special employer. If a PEO or employee leasing company claims to be self-insured, investigate that claim.

Workers Compensation 75

Workers Compensation Compensation Workers Compensation Insurance Injury 75

Freeway Insurance

OCTOBER 26, 2023

If your area has more crime, such as car theft and vandalism, the cost of your insurance may go up because you are more likely to have to make a claim. Another way to find cheap car insurance is to reach out to an independent insurance agent. On the other hand, independent agents have contractual relationships with multiple carriers.

Crime 52

Crime Auto Insurance Insurance Insurer 52

Majesco

NOVEMBER 21, 2024

Now, with Matter, the smart home ecosystem that is standardizing home device protocols, it should be easier than ever for insurers to tap into data that can improve prevention, reduce claims, and perhaps improve pricing. Where can smart home device buyers opt into additional insurance coverages and services?

Insurance 40

Insurance Insurer Insured Risk 40

Majesco

FEBRUARY 22, 2024

Innovation includes exciting forward-facing technologies and creative day-to-day operation models, like underwriting transformation, that enable the company to move in new directions. They improve an agent’s ability, desire, and ease of doing business with an insurer, therefore driving growth. with $85.5B

Insurance 40

Insurance Insurer Insured Broker-Agent 40

Word & Brown

OCTOBER 20, 2024

Whether you’re exploring a new career path or aiming to expand your expertise, understanding the steps to becoming a licensed insurance broker is critical. Licensed agents can offer guidance on various insurance options, helping clients select plans that suit their needs and budgets.

License 59

License Insurance Insurer Insured 59

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurance 52

Distinguished

JANUARY 28, 2025

This development underscores Distinguisheds ongoing commitment to provide innovative and comprehensive management liability solutions exclusively to wholesale brokers. These underwriters leverage an E&S mindset to craft customizedsolutions for complex risks, ensuringeach submission is treated with precision and care.

Broker-Agent 52

Broker-Agent Inland Marine Liability Broker 52

Cowbell

APRIL 3, 2025

Here at Cowbell, we remain committed to helping policyholders, agents, and brokers gain a comprehensive view of riskinside and out. Benefits for Policyholders, Agents & Brokers 6.1 Enhanced Advisory Role : Guide clients on which connectors to prioritize, leading to fewer claims and more satisfied insureds.

Cyber 52

Cyber Policyholder Broker-Agent Risk 52

American Agents Alliance

FEBRUARY 26, 2025

Learn more about the power of networking for P&C insurance agents and why it is a critical skill to develop. The Power of Networking at Insurance Industry Events Networking is a powerful skill for every insurance agent and broker. Social media is a low-effort way to strengthen the connections you make at conferences.

Insurance Industry 52

Insurance Industry Agents Broker-Agent Insurance 52

Distinguished

MARCH 25, 2025

In short, their value is highly subjective and requires expertise and connections beyond most insurance agents or brokers. Here are some of the factors our expert underwriters would consider when creating a policy for your client: Collection value: The higher the collection’s appraised value, the more it will cost to insure.

Deductible 52

Deductible Theft Insurance Insurer 52