R&R Insurance

FEBRUARY 20, 2025

Involve the insurance carrier and insurance broker to create an annual service plan addressing: Training (employees / supervisors & foremen / safety director) Jobsite inspections (Are we following our policies and documenting all inspections and corrective action?)

Workers Compensation 52

Workers Compensation Insurance Carrier Premium Compensation 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

Risk Management Monitor

SEPTEMBER 21, 2021

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

Claim 75

Claim Injury Workers Compensation Risk 75

AMAXX

JANUARY 13, 2025

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. They are a vital entity, as they not only handle premium collections but also pay out claims to cover medical expenses and wage replacement for injured employees.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

Distinguished

FEBRUARY 24, 2025

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

Liability 52

Liability Liability Insurance Insurer 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 Insurer 52

Zywave

MARCH 19, 2025

APIs facilitate instant updates and communication, such as sending policy updates or claim status notifications, enhancing transparency and trust. Data Management and Accuracy Real-Time Data – 66% of brokers visited 20 insurer portals a weekto generate a quote.

Insurance Industry 52

Insurance Industry Broker-Agent Insurer 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

American Agents Alliance

MARCH 3, 2025

New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage.

Broker-Agent 52

Broker-Agent Broker Agents Risk 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

AMAXX

SEPTEMBER 23, 2024

When it comes to calculating workers’ compensation premiums, two critical factors play a significant role: the frequency and severity of claims. Frequency: The Stronger Driver of Premiums In the world of workers’ compensation, frequency refers to how often claims are filed.

Workers Compensation 91

Workers Compensation Premium Compensation Workers Comp 91

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. What role can insurance brokers play in managing these challenges for their clients? She oversees the programs strategic planning, product management, and underwriting profitability.

Building 59

Building Damage Insurance Broker Underwriter 59

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

MARCH 17, 2025

In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies. This trend could significantly impact landlords and property owners.

Broker 52

Broker Insurance Broker Building Underwriter 52

Word & Brown

FEBRUARY 18, 2025

Why Brokers Partner with a General Agency? Brokers today more than at any time previously face multiple challenges. You earn the same commission (and bonuses) as you would on your own, working as an independent broker. W&Bs Underwriting team works directly with carriers to streamline approvals.

Broker-Agent 52

Broker-Agent Broker Agents Underwriter 52

Distinguished

MARCH 19, 2025

What role can insurance brokers play in managing these challenges for their clients? Insurance brokers are key in bridging the gap between property maintenance and insurance coverage. Rising habitability claims and increased litigation have further shaped insurers policies, making the proactive role of brokers more important than ever.

Building 52

Building Broker Damage Insurance Broker 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 Insurer Insurance Insured 52

ProWriters

NOVEMBER 18, 2024

After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. The D&O Insurance market experienced a favorable underwriting performance in 2023, with the sector seeing its best loss ratio since 2014. ProWriters is here to help.

Premium 101

Premium Cyber Insurer Insurance 101

Distinguished

MARCH 21, 2025

Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners. What role can insurance brokers play in managing these challenges for their clients? Insurance brokers are pivotal in this arena. Katie is based in Rhode Island.

Building 52

Building Insurance Broker Broker Damage 52

American Agents Alliance

DECEMBER 8, 2024

Parametric coverage is starting to transform claims and insurance programs in general. Parametric insurance pays out after a predefined parameter is met, unlike conventional insurance which requires proof of an actual loss to make a claim. Become a member today to see how weve helped independent agents and brokers thrive since 1962!

Broker-Agent 40

Broker-Agent Agents Broker Risk 40

Distinguished

JANUARY 28, 2025

Our new primary forms are designed to provide solutions to our wholesale broker-partners that manage complex accounts, providing them with competitive options to meet their clients unique needs, said Ryan Becker, President of Distinguisheds Executive Lines business.

Underwriter 52

Underwriter Underwriting Liability Broker 52

Distinguished

JANUARY 28, 2025

Our new primary forms are designed to provide solutions to our wholesale broker-partners that manage complex accounts, providing them with competitive options to meet their clients unique needs, said Ryan Becker, President of Distinguisheds Executive Lines business.

Underwriter 52

Underwriter Underwriting Liability Broker 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 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 can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent 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. Improve underwriting accuracy using data.

Risk 40

Risk Broker-Agent Agents Policyholder 40

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 Insurer 52

ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. After a tumultuous 2021 , the horizon seemed promising as brokers witnessed a stabilization of D&O pricing in 2022.

Premium 52

Premium Insurer Insurance Insured 52

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. You should consult with your insurance broker, attorney, or qualified professional. Say that again.

Workers Comp 64

Workers Comp Risk Workers Compensation Injury 64

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

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 Insurer Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. Let’s have a look at them… Don’t claim for everything – One thing insurers do not like, is a policyholder that claims over multiple times a year & for the smallest thing.

Insurer 52

Insurer Insurance Insured Premium 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 Insurer 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 Insurer 52

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 Insurer Insurance 52

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 Insurer 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

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 Insurer Insurance 52