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Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities.
Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the needs of the life sciences …
As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cases, declining to write liability policies at all …
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 …
Doe & Emuss (D&E), the London-based boutique professional liabilityunderwriting manager, has been launched with approved coverholder status at Lloyd’s. D&E is founded and led by industry veterans, Chief Executive David Doe and Managing Director Paul Emuss, who have more …
In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance efficiency across multiple lines of business (LOBs). Whether it’s General Liability, … This post is part of a series sponsored by Selectsys.
By Allen Laman As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cases, declining to write liability …
excess liability and Atlantic hurricane both reduced, observe the co-founders of UWX. Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S.
Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team, Int’l Specialty Markel, the insurance operations within … This edition of International People Moves details appointments at the insurers Markel and QBE. A summary of these new hires follows here.
Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1, with Doug Karpp, a former …
In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while ensuring compliance and maintaining efficiency. This post is part of a series sponsored by Selectsys. To overcome these …
By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since first-quarter 2007. Translating to …
Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline D&O liability continued to fall during the first three months …
Join Us The post ADVERTISEMENT : LiabilityUnderwriter – Smallcraft P&I appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?
professional liability products into four pillars: management liability, errors & omissions (E&O), cyber, and financial institutions. “After careful consideration and evaluation, we believe this streamlined underwriting approach will lead to improved … Special insurer Markel said it is realigning its U.S.
Burrows has over 15 years of experience specializing in US casualty, latterly as a liabilityunderwriter for Convex for the last … Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division.
Specialty wholesaler Flow Specialty said its artificial intelligence model has passed the Registered Professional LiabilityUnderwriter (RPLU) exams for cyber, errors & omissions, and executive liability modules. “For far too long, the middle market segment of specialty business has been …
General and Professional Liability for Temp Staffing Companies Market Detail: INVO Underwriting LLC offers general and professional liability for temp staffing companies across the entire U.S. From healthcare staffing to industrial and clerical positions, INVO Underwriting accepts a wide range …
DUAL North America, headquartered in Naples, Florida, appointed Andreas Graham as executive vice president of the EIURS team, a division of DUAL, and Ed Frey as senior vice president of professional liability. Based in Boston, Graham will lead the EIURS …
Were proud to now underwrite businesses with up to $1 billion in revenues in the US and up to 1 billion in the UK. With each expansion, we refine our underwriting models in real-time, anchoring our promise to swiftly pay claimsover $250 million disbursed to datewhen policyholders need us most.
Baldwin leads Hiscox USA’s media liability practice. Baldwin has over 30 years of media underwriting and leadership experience, most recently … Hiscox Appoints Baldwin US Media Practice Leader Hiscox, headquartered in Atlanta, appointed Karen Baldwin as vice president, media practice leader.
The underwriting team at ISC understands the liability exposure associated with Allied Healthcare risks. Allied Health Market Detail: Program administrator ISC (Integrated Specialty Coverages) offers coverage and service options for the healthcare industry. We offer coverage solutions to meet the …
Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company operating across all property and general liability … East Unison Risk Advisors, Avondale Insurance Associates Avondale Insurance Associates has joined Unison Risk Advisors’ (URA’s) non-retail division.
Join Us The post Markel names O’Neil as senior underwriter for marine and energy liability appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?
property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points
Insurance Best Practices for Affordable Housing Rehabs Being clear with your underwriter on exactly what property constitutes existing structures is essential for accurately assessing risks and securing the appropriate coverage, whether the owner is rehabbing entire buildings or individual units.
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.
Unlike single-family homes, apartment complexes face heightened risks damage from one unit can quickly spread to others, liability claims can stem from common areas, and evolving building codes can demand costly upgrades. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.
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. General liability insurance: Coverage for legal claims related to customer injuries or property damage. How Much Does Restaurant Insurance Cost in Charlotte?
TGS Insurance » Blog Homeowners Insurance Underwriting Questions: What to Expect When Getting a Quote So, you’re ready to take the plunge into homeowners insurance. Either way, there’s a step that often surprises people when they go to get a quote—the underwriting process. And, trust me, it can feel a bit like playing 20 Questions.
The high court found that Hartford Underwriters Insurance Co. The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an injured employee’s personal injury lawsuit alleging negligence and intentional harm. was …
Join Us The post Pen Underwriting extends international ports and terminals coverage to US risks appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?
In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. Can you outline some of the most common housing violations in Los Angeles? Yes, indeed.
Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. These legal factors are critical when it comes to determining liability in cases where unresolved violations have led to damages or injuries. Yes, indeed. Katie is based in Rhode Island.
For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. AI-driven advancements in malicious tactics mean brokers must account for evolving risks in the underwriting process. By reducing false positives, it helps insurers assess actual risk exposure.
Distinguisheds Executive Lines business operatesexclusively within the wholesale channel, offering brokers access to a team of experienced, dependable, and empowered underwriters. These underwriters leverage an E&S mindset to craft customizedsolutions for complex risks, ensuringeach submission is treated with precision and care.
Distinguisheds Executive Lines business operatesexclusively within the wholesale channel, offering brokers access to a team of experienced, dependable, and empowered underwriters. These underwriters leverage an E&S mindset to craft customizedsolutions for complex risks, ensuringeach submission is treated with precision and care.
Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. These legal factors are critical when it comes to determining liability in cases where unresolved violations have led to damages or injuries. Yes, indeed. Katie is based in Rhode Island.
With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies. This can pose serious health risks for tenants and lead to significant liabilities. Katie is based in Rhode Island.
Underwriters with hospitality industry knowledge and expertise. The primary general liability (GL) coverage has a specific geographic restriction: it is not available for hotels located adjacent to the beach in Hawaii. Our underwriters will look at the security the hotel has in place. Coastal restrictions apply in other states.
Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. It is critical to understand how to determine what is covered.
Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance. More expensive reinsurance driven by adverse weather events.
” 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.
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