Distinguished

JANUARY 10, 2025

Youve submitted an application for City Insurance or New York Brick & Brownstone coverage through the Broker Connect portal now youre ready to bind a quote. Follow the steps below to bind your policy: Step 1: Log into the new portal Access the Broker Connect portal here. So, whats next? Step 10: Youre all set!

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Broker Broker-Agent Inland Marine Policy 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. Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. Underwriters with hospitality industry knowledge and expertise.

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Insurance Broker Broker Broker-Agent Insurer 52

Distinguished

OCTOBER 9, 2024

New York – Distinguished Programs (“Distinguished”), a national insurance program manager, announced an expanded partnership with Berkley Program Specialists (“BPS”), a leading provider in the industry, to underwrite its Community Associations Crime and D&O products. Berkley Corporation through licensed surplus lines brokers.

Crime 52

Crime Broker-Agent Inland Marine Broker 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.

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

Distinguished

JANUARY 10, 2025

Youve submitted an application for City Insurance or New York Brick & Brownstone coverage through the Broker Connect portal now youre ready to bind a quote. Follow the steps below to bind your policy: Step 1: Log into the new portal Access the Broker Connect portal here. So, whats next? Step 10: Youre all set!

Broker 52

Broker Broker-Agent Policy Underwriter 52

Distinguished

JANUARY 10, 2025

Youve submitted an application for City Insurance or New York Brick & Brownstone coverage through the Broker Connect portal now youre ready to bind a quote. Follow the steps below to bind your policy: Step 1: Log into the new portal Access the Broker Connect portal here. So, whats next? Step 10: Youre all set!

Broker 52

Broker Broker-Agent Policy Underwriter 52

Distinguished

DECEMBER 16, 2024

Unlike competitors retreating from the market due to aggregation risks, our Fine Art and Collectibles insurance program brings fresh capacity and a willingness to underwrite policies tailored to Californias unique challenges. Many carriers encourage clients to insure their collections with specific Fine Art and Collectibles policies.

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Protection Broker-Agent Inland Marine Underwriter 52

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 Insurer 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.

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Risk Broker-Agent Agents Policyholder 40

Distinguished

SEPTEMBER 17, 2024

If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Are there any emerging trends in the construction industry that are impacting builder’s risk underwriting? We bound the policy for a six-month term, and the premium was $1,300.

Risk 52

Risk Broker-Agent Deductible Insurer 52

Distinguished

AUGUST 26, 2024

However, a general rule of thumb for Builder’s Risk is to expect a policy to cost anywhere from 1-5% of the total project cost. Who Needs to be Insured by a Builder’s Risk Policy? Developers : In larger commercial projects, developers need to be included on the policy. Access our online Broker Portal.

Risk 52

Risk Broker-Agent Insurer 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 is why making sure executives are backed by comprehensive management liability insurance is so important.

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Liability Insurance Liability Broker-Agent Insurer 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 is why making sure executives are backed by comprehensive management liability insurance is so important.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Distinguished

AUGUST 12, 2024

Our Builder’s Risk policies come standard with all of the most important coverages your clients will need to protect their under-construction properties.  Distinguished’s Builder’s Risk Insurance policies are customized based on the needs and situations of your clients. How Much Does Builder’s Risk Cost in Georgia?

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Risk Broker-Agent Insurer Insurance 52

Distinguished

SEPTEMBER 10, 2024

Who Needs to be Insured by a Builder’s Risk Policy in Alabama? For a Builder’s Risk policy anywhere in the United States, it’s important everyone with a financial stake in the project be named in the policy. Cost of the project : The larger the project’s TIV, the more expensive a policy will be.  

Risk 52

Risk General Liability Broker-Agent Insurer 52

Bankers Insurance

JULY 22, 2024

Each year, Westfield’s top independent insurance agents are invited to nominate a local nonprofit in their community to receive a donation. The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities.

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Broker-Agent Agents Insurer Insurance 64

Distinguished

AUGUST 5, 2024

However, if your clients have been lucky enough to come across a rare Illustrator Pikachu Card ( worth over $550,000 ) or a vintage Boba Fett toy ( worth over $500,000 ), they’re going to need an insurance policy that properly covers them. This means a specialized collectibles policy. How Do You Insure a Toy Collection?

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Broker Insurer Insurance Insured 52

Distinguished

JULY 22, 2024

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

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Insurer Insurance Insured Policy 52

Distinguished

SEPTEMBER 25, 2024

Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Typically speaking, Builder’s Risk policies will cost anywhere from 1-5% of the total project cost. Who Should be Named in a Builder’s Risk Policy? Naturally, they must be named on the policy. Access our online Broker Portal.

Risk 52

Risk Broker-Agent Insurer Insurance 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.

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Broker-Agent Cyber Agents Broker 40

Distinguished

DECEMBER 2, 2024

Public art insurance is a specialized insurance policy designed to provide coverage to all artwork or valuable collectibles owned or loaned to a public institution.  For instance, a city could take out a public art insurance policy that would cover any artwork, historical artifacts, or even outdoor sculptures owned by that city.

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Deductible Broker-Agent Insurer Insurance 52

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.

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Building Agents Broker-Agent Policyholder 40

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. The post 5 Health Insurance Essentials Brokers Should Know appeared first on The Insurance Broker Blog.

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Broker Out-Of-Pocket Broker-Agent Insurer 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. Evolving Risks and Threats As the climate changes and new risks emerge, insurers must respond by adjusting their policies and pricing accordingly.

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Insurer Insurance Insured Risk 52

Jackson & Jackson

MAY 22, 2024

For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment. It protects against perils like fire, explosions, storms, and other risks outlined in the policy. Every property is unique, with different risks and potential exposures.

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Property Insurance Commercial Property Commercial Insurer 52

Burand’s Agency E&O

SEPTEMBER 25, 2013

Policy Change Requests Can Only Be Made if Requesting Party Has Authority/Insurable Interest. Many years ago when I first entered the industry, I remember an experienced underwriter telling the story of an angry ex-wife cancelling the insurance on her ex-husband’s …

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Underwriter Underwriting Policy Broker-Agent 40

Distinguished

OCTOBER 1, 2024

Our team combines deep expertise across collection categories with flexibility in underwriting and customizing coverage.   Register your agency with us to get your clients access to our exclusive private collections policies (if you haven’t done so already). View a full list of our programs and submit business with Distinguished.

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Broker-Agent Inland Marine Broker Damage 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 Insurer 52

Majesco

FEBRUARY 15, 2024

Turnarounds of weeks or days to evaluate, quote, and bind policies are simply not acceptable in today’s hyper-competitive market. By providing prompt rating information, insurers can demonstrate their agility and ensure that agents and policyholders receive accurate and up-to-date coverage that reflects the current risk landscape.

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Policyholder Broker-Agent Risk Broker 40

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. Preventing adversaries to the U.S.

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Out-Of-Pocket Broker-Agent Premium Claim 65

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). Highlights of the release include : P&C Intelligent Core Suite: Streamlined workflows, personalized landing pages, and Copilot integration enhance user experience in policy and claims management.

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Premium Underwriter Underwriting Claim 40

Word & Brown

NOVEMBER 7, 2024

Here are seven proven techniques to help you close more sales as a health insurance agent or broker. Sell the value Make sure you talk with your customer about what makes the product you’re recommending a better choice for their specific situation, as compared to something from another carrier (or another broker).

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Broker-Agent Out-Of-Pocket Insurer Insurance 52

Freeway Insurance

OCTOBER 26, 2023

Another way to find cheap car insurance is to reach out to an independent insurance agent. Brokers who only work for one insurance company can only offer policies from that single source. On the other hand, independent agents have contractual relationships with multiple carriers.

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Crime Auto Insurance Insurer Insurance 52

Distinguished

NOVEMBER 7, 2024

The surety’s role is complex, as it must diligently assess the risks associated with underwriting bonds. The risk transfer is essentially from the insured to the insurer, with no expectation of reimbursement from the insured for claims paid out, except in cases of fraud or violation of policy terms.

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Claim Compensation Risk Broker-Agent 52

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

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Insurer Insurance Insured Broker-Agent 40

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. Is the gardener covered for workers’ compensation benefits under the homeowner’s liability insurance policy?

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Workers Compensation Compensation Workers Compensation Insurance Injury 75

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.

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License Insurer Insurance Insured 59