Insurance Journal

NOVEMBER 17, 2024

As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some of the most prevalent trends include: • Weather-related …

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Insurance Journal

NOVEMBER 13, 2024

This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. Price Forbes Taps BMS’s Morgan for Global Construction Team Price Forbes, the London-based broker, … A summary of these new hires follows here.

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Underwriter Underwriting Broker Insured 240

Insurance Journal

AUGUST 7, 2024

XPT Specialty, headquartered in New Haven, Connecticut, appointed Tyler Myers as transportation underwriter. Myers has over 10 years of experience as a broker specializing in underwriting commercial automobile risks. He began his career as an associate underwriter at Burns & …

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Insurance Journal

NOVEMBER 5, 2024

Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …

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Insurance Journal

SEPTEMBER 9, 2024

Privilege Underwriters Reciprocal Exchange (PURE) is for the first time going international with an expansion into Canada. The reciprocal exchange will start serving high net worth clients in Ontario with homeowners insurance through select brokers. Future products include automobile coverage …

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Underwriter Underwriting Broker Insured 264

Cowbell

NOVEMBER 15, 2024

We’re excited to announce that Emma Werth has been appointed Vice President of Underwriting and Reinsurance. Early in her career, she worked in customer-facing roles at State Farm, The Hartford and Liberty Mutual and then as an Underwriter at Zurich, NAS Insurance Services, Tokio Marine, and Axis Capital.

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Underwriter Underwriting Cyber Policyholder 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.

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Word & Brown

NOVEMBER 14, 2024

Word & Brown (W&B) stands out as a General Agency partner that goes the extra mile with training and educational services that truly set brokers up for success. All of these courses offer Continuing Education (CE) Credits to California brokers. In 2024, we offered 12 courses over seven days.

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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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Word & Brown

NOVEMBER 12, 2024

In today’s competitive health insurance landscape, brokers face the challenge of not only understanding complex health plans but also marketing them effectively to the right audiences. These firms (and others) offer marketing solutions for independent insurance agencies and brokers.

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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. Our underwriters will look at the security the hotel has in place. A: Yes, on a base by case basis.

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Insurance Broker Broker Broker-Agent Insured 52

Word & Brown

AUGUST 13, 2024

Time Management Hacks for Insurance Brokers 1: Create a daily schedule. The post 12 Productivity Hacks for New Insurance Brokers appeared first on The Insurance Broker Blog. With the end of the year fast approaching, optimizing your productivity becomes crucial to meet your annual goals.

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

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Insurance Journal

SEPTEMBER 11, 2024

Meister has more than 36 years of experience in the insurance industry, including underwriting leadership, program management and broker … Meister Joins Sertis as SVP, Distribution Partnerships Sertis, headquartered in Reno, Nevada, appointed Kurt Meister as senior vice president, distribution partnerships.

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Underwriter Underwriting Broker Insurance Industry 147

Word & Brown

OCTOBER 14, 2024

Health insurance agents and brokers often seek partnerships to enhance their business capabilities. The Value of a General Agency Partnership Many brokers – from newcomers to veterans – partner with a General Agent (GA) to boost their businesses. Brokers have been working with Word & Brown since 1985.

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Word & Brown

SEPTEMBER 10, 2024

One of the reasons so many brokers choose Word & Brown as their General Agency partner is so they can take advantage of the streamlined sales processes offered by our broker support teams. Underwriting: Our experienced Underwriting team works directly with carriers to get a faster approval of your cases.

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Insurance Journal

NOVEMBER 6, 2024

London-based Innovisk has become part of Ryan Specialty Underwriting Managers … Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments. Financial details of the deal were not disclosed.

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Underwriter Underwriting Broker-Agent Insured 246

Word & Brown

AUGUST 16, 2024

Many brokers choose to partner with Word & Brown. 4: Expert underwriting: Our experienced underwriting team works directly with our carrier partners to get a faster approval of your cases. The post 5 Reasons Why Word & Brown is the Ideal Partner for New Brokers appeared first on The Insurance Broker Blog.

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Distinguished

AUGUST 5, 2024

Convenient valuations : We can work with you and your client to reach an agreed valuation of your client’s collection, and we will even allow you to extend market value up to 150% of that agreed amount (with additional underwriting review). Property and Liability products are distributed through a national network of agents and brokers.

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Insurance Journal

SEPTEMBER 30, 2024

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

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Broker-Agent Commercial Broker Agents 275

Elmore

OCTOBER 19, 2024

Insurers are attempting to stem persistent losses on their underwriting The post Home insurance premiums to keep rising in ‘difficult year’ appeared first on Elmore Insurance Brokers.

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Elmore

AUGUST 15, 2024

UK group benefits from stronger underwriting conditions in key motor division The post Insurer Admiral’s profits beat forecasts as customer numbers jump appeared first on Elmore Insurance Brokers.

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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.

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Distinguished

SEPTEMBER 17, 2024

The team aims to launch operations and begin underwriting in the third quarter of this year. Supported by a skilled team of underwriters, his leadership enhances Distinguished’s ability to make a meaningful entrance into the surety market. Property and Liability products are distributed through a national network of agents and brokers.

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Inland Marine Broker-Agent Underwriter Underwriting 52

Zywave

NOVEMBER 13, 2024

Distribution & Quoting You can’t build your cyber business if you don’t get your coverage in front of the right brokers and their clients. Zywave’s proprietary data tools are designed to help you improve your underwriting efficiency, refine your rates and better educate policyholders on the risks they may face.

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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.

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Premium Cyber Insurance Broker Insured 52

Distinguished

AUGUST 19, 2024

We work with community association brokers to get the coverages their clients need. With their combined experience and expertise, our team is well equipped to provide the highest level of support to community association brokers across the U.S. Learn more about our community associations insurance products on our website.

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Rough Notes

AUGUST 1, 2024

Using cognitive AI processes, CogniSure gives the insurance industry automated data structuring “[The AI platform can convert] 100-page loss runs into something that an underwriter or broker can make sense of within minutes without somebody manually keying.” —Sai

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Brokers’ Service Marketing Group

JULY 27, 2023

Applying for life insurance can be an arduous process for clients. By setting expectations, you can help your clients avert any pain points and create a more positive experience. Check out these “Helpful Hints” from NAILBA to make sure your clients know what to expect.

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Cowbell

AUGUST 20, 2024

In two years, he successfully implemented over 20 partnerships with major insurance brokers and significantly enhanced Arch’s digital presence while optimizing the underwriting process through automation, culminating in improved user interfaces and portals.

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Cyber Insurance Broker Underwriter Underwriting 105

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? So specific to limits, I just mentioned security.

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Risk Broker-Agent Deductible Insured 52

Word & Brown

OCTOBER 22, 2024

Check out our prior CRM-related blogs: Ranking the Best CRM Options for Insurance Brokers and 5 Signs You Might Need a CRM System. The post 5 Tips for Maximizing Your Agency’s Efficiency appeared first on The Insurance Broker Blog. The right CRM platform can be transformative.

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Prof. Allan Manning

FEBRUARY 24, 2023

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

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Insurance Industry Business Interruption Claim Insured 130

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. 

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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.

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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.

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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.

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