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The professional liability market for architects and engineers is continuously adapting to new trends and challenges. These shifts bring both opportunities and obstacles for brokers and design professionals. While there remains a strong interest in this sector and many insurers …
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Brown & Riding, headquartered in Dallas, named Wes Benefield to its national management and professional liability practice as senior vice president and broker, D&O, E&O and cyber. Based in Fort Worth, Benefield has over 11 years of combined retailer, carrier …
to provide a loss portfolio transfer reinsurance for a commercial auto liability portfolio. Guy Carpenter was the broker of … RiverStone International has signed an agreement with Lyft subsidiary Pacific Valley Insurance Co. The deal is effective from Jan.
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The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, which enabled a hacker to infiltrate its IT network. The Australian Securities and …
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Join Us The post Brokers launch port disruption insurance appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?
As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. What Is a Cyber Insurance Broker? Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.
Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. An MGA bridges the gap between insurers and distribution channels like agents, brokers, and online platforms, particularly in specialized insurance markets, such as hotels, landlords, or restaurants.
Our unparalleled broker network and data-driven approach forged in the cyber arena, now power this foray into new coverage lines. Our unparalleled broker network and data-driven approach forged in the cyber arena, now power this foray into new coverage lines. Thank you for joining us in this edition of CyberLine Quarterly.
Gregory Murray has resigned from his role as Divisional Director (Marine) at Howden Broking (Insurance) and will join the expanding marine liability team at Ark. The broker will join the marine liability team within the new Ken Syndicate 3832.
This is why making sure executives are backed by comprehensive management liability insurance is so important. 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. 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.
Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of? These resources are invaluable for both property owners and insurance brokers when assessing risk. What role can insurance brokers play in managing these challenges for their clients?
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. How Much Does Restaurant Insurance Cost in Charlotte?
Distinguished offers a Renewal Certificate Endorsement , now available for eligible Contractor’s Pollution Legal Liability Plus (CPL) and Contractor’s Pollution & Professional Legal Liability Plus (CPPL) policies. increased limits), provides a new set of limits of liability and expiring coverage.
” If you don’t have the opportunity to check out the full webinar, read on for key insights from the discussion and actionable advice for insurers, brokers, and policyholders. While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.
For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. No insurance broker or agent today can afford to ignore the presence of artificial intelligence in cyber security. Become a registered ProWriters broker today.
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Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. 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.
If you missed our recent webinar, “Fine Art & Collectibles Insurance: Q&A for Brokers,” don’t worry. Brokers with similar accounts are welcome to send them in for review. Prior to her years as an underwriter, Alison spent seven years as an insurance broker specializing in the Fine Arts.
In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. The Gaps in Cyber Insurance: Cyber Liability Insurance and Data Breach Coverage are designed to protect against various cyber threats, but they have limitations.
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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?
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However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage. Learn more about managing new E&O risks introduced by AI to ensure AI remains an asset, not a liability. Some of the new risks include: AI-generated quotes may be mispriced or contain incorrect details.
Many brokers in California who sell employee benefits choose an Accident and Health or Sickness License or a Full Life Agent license (which includes Life, Accident, and Health or Sickness). The California DOI offers information on limited liability company requirements.
Join Us The post Marine War Risks market remains turbulent, says broker Gallagher appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?
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. Take advantage of sales tips, tech updates, and more in our monthly broker blog posts.
Youll want to look at: Total net worth (cash, financial accounts, investments, real estate, and liabilities such as outstanding loan balances, student debt, and other accounts, if applicable). Most insurance carriers doing business in California and Nevada offer broker training and other broker resources.
Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. What role can insurance brokers play in managing these challenges for their clients? Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies.
This tech-forward private passenger specialty auto carrier has exceeded expectations – in part because of its robust broker partnerships. This was not easy or inexpensive but Aspire bet on the market and the longstanding loyalty of their broker partners. Aspire as an entity was born from brokers.
Your business clients need Employment Practices Liability (EPL) Insurance , or EPLI. Watch Zane Goldthorp, our director of broker development, talk with broker Angelina Heckman about how we’re transforming EPL Insurance broking, and then read on for more information about this critical business coverage.
Property and Liability products are distributed through a national network of agents and brokers. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. View a full list of our programs and submit business with Distinguished.
If you’re unsure, consult a broker or insurer experienced in property management to ensure you’re fully protected. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first. Looking for a quote now?
Property and Liability products are distributed through a national network of agents and brokers. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. View a full list of our programs and submit business with Distinguished.
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Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners. Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. What role can insurance brokers play in managing these challenges for their clients?
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Property and Liability products are distributed through a national network of agents and brokers. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. View a full list of our programs and submit business with Distinguished.
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