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5 FCA permissions for advising on commercial insurance.

Protect Commercial Insurance

The following 5 Permissions are necessary if you’re advising or transacting on Commercial Insurance 1. This includes recommending a specific insurance policy to a customer. Assisting in the administration and performance of an insurance contract. The post 5 FCA permissions for advising on commercial insurance.

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Building Successful Insurance Referral Partnerships: A Guide for Brokers

Protect Commercial Insurance

Introduction Navigating the world of insurance can sometimes feel like traversing a labyrinth. For brokers, establishing solid insurance referral partnerships can be the golden key to success. Each partner brings their own clientele, allowing brokers to tap into unexplored markets.

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What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? It’s best to work with a trusted insurance broker to determine how subrogation applies to your various policies. However, in construction contracts, mutual waivers might not be acceptable or advisable.

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Understanding Commercial Flood Insurance in the United Kingdom

Property Insurance Centre

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

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Understanding New York’s New Insurance Disclosure Requirements

Risk Management Monitor

New York’s newly-enacted Comprehensive Insurance Disclosure Requirements legislation opens the door for defendants to request that organizations disclose the details of their commercial insurance programs that may apply to a judgment in the case.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Define the maximum amount that you are willing to spend additional in the case of a claim. It is important not to rely only on the words that a broker tells you, try to read all the details. In the event that your claim is denied, don’t be afraid to ask questions and seek clarification on the rationale behind the denial.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.