Insurance Marine News

MARCH 18, 2025

Join Us The post Gard reports highest-ever premium revenue for 2024, CR still below 100% appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Premium 52

Premium Marine Insurance Insurer 52

Insurance Marine News

SEPTEMBER 16, 2024

Join Us The post Gard, NorthStandard, lead premium income: Tysers P&I Review 2023-24 appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Premium 40

Premium Marine Insurance Insurer 40

Protect Commercial Insurance

APRIL 11, 2025

– Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations. – Specialisation : Some insurers specialise in certain industries, which could offer you tailored coverages and possibly better premiums. – Claim Process : Investigate how insurers handle claims.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurance 52

Zywave

AUGUST 6, 2024

According to the Insurance Information Institute, global cyber premiums are expected to rise as high as $23 billion by 2025. Experts also expect that over half of the global written premium will be represented by US-based companies.

Cyber 98

Cyber Premium Broker Marine 98

Insurance Marine News

NOVEMBER 20, 2024

Join Us The post London Club seeks 5% rise in premiums across its P&I book for 2025/26 appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Premium 40

Premium Marine Insurance Insurer 40

Distinguished

JANUARY 22, 2025

Provided eligibility requirements are met, the Renewal Certificate locks in the expiring premium for the next two policy terms, provided there are no premium-bearing midterm changes (e.g., Best of all, no renewal application is required! How Does it Work?

Policy 52

Policy Broker-Agent Inland Marine Liability 52

Neilson Marketing Services

JANUARY 30, 2025

marine, trucking, high-net-worth individuals), emphasize this expertise in both the content and visuals. They can include buttons to book a call, forms to request more information, and interactive tools like premium calculators to encourage engagement.

Insurance Agency 93

Insurance Agency Insurer Insured Insurance 93

Insurance Marine News

OCTOBER 24, 2024

International Group Club member Steamship Mutual has announced a 5% General Increase for 2025/26, applied to premium on all classes of business. The Club said that “premium levels are under pressure due to the increasing cost of claims and premium churn”.

Premium 52

Premium Marine Claim Insurance 52

Insurance Marine News

MARCH 4, 2025

The Federal High Court in Lagos was reported locally to have directed the Admiralty Marshal of Nigeria to arrest and detain tankship Ostria (IMO 9302671) until its owners provide a bank guarantee to cover the claims of NNPC Retail Ltd regarding the non-delivery of Premium Motor Spirit (PMS), i.e., petroleum. It was said by the.

Premium 52

Premium Marine Claim Insurance 52

Prof. Allan Manning

MARCH 11, 2024

To be fair to the Insurer they have to charge a fair premium for the extra risk passed to them by their granting the extension of coverage for Unabandoned Undamaged Portion of a Building. The rate charged like any insurance premium ought in fairness be based on the perceived risk to the Insurer.

Building 130

Building Damage Premium Risk 130

Distinguished

FEBRUARY 10, 2025

The minimum premium of $500 makes our program accessible, while our high capacity of $125 million ensures suitability for even the most extensive collections. This appeals to collectors with multiple residences and ensures peace of mind no matter where their assets are stored.

Broker-Agent 52

Broker-Agent Insurer Insured Insurance 52

Majesco

FEBRUARY 13, 2025

Unsafe driving, inflation, and auto repair costs are responsible, in part, for rising premiums. We can see how insurance premiums are affecting the gulf coast and now, California. It is even likely in some cases that their insurers understood these efforts and lowered their premiums. Their planning for prevention worked.

Risk 52

Risk Insurer Insured Insurance 52

Distinguished

MARCH 20, 2025

These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses. TIV (total insurable value): Higher replacement costs for the building and covered property directly increase the premium.

Building 52

Building Protection Damage Liability 52

Zywave

NOVEMBER 6, 2024

The aim of Zywave’s Cyber Quoting is to help the market to grow cyber premium,” said Zywave Senior Vice President Jeff Cohen. “Now, it’s not only faster, but it’s also smarter. ” The Cyber Quoting benchmarking and limit adequacy insights are powered by Zywave’s Commercial Analytics data.

Cyber 52

Cyber Broker-Agent Broker Commercial 52

Maritime Insurance International

MARCH 3, 2020

This is an important consideration that will have an impact on your premium cost. The premium for an Actual Cash Value policy is lower than the premium for a comparable Agreed Value policy. What Does Boat Insurance Cost? Actual Cash Value protection is based on the market value of your boat at the time of a covered loss.

Insurance 40

Insurance Insurer Insured Premium 40

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. So, if your client is doing a $1 million renovation on their home, the cost of a year-long policy would be around $10,000. 

Risk 52

Risk Broker-Agent Insurer Insured 52

Distinguished

SEPTEMBER 10, 2024

Industry Leaders : As a top Builder’s Risk insurer nationwide, we offer your clients enduring stability and premium coverage options. When you partner with us, we can also offer you and your clients: Instant Quotes : Our cutting-edge online platform accelerates the submission process, often providing bindable quotes instantly.

Risk 52

Risk General Liability Broker-Agent Insurer 52

Distinguished

JULY 22, 2024

At Distinguished Programs, our specialty fine art and collectibles insurance offers several key advantages over relying solely on homeowners insurance: Doesn’t Affect Homeowner Premiums : If your client needs to file a claim, it won’t impact their homeowner’s insurance premiums.

Insurer 52

Insurer Insured Insurance Policy 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. For all of these reasons, a specialized collectibles policy is the smarter choice for more serious collectors. 

Broker 52

Broker Insurer Insured Insurance 52

Distinguished

SEPTEMBER 17, 2024

We bound the policy for a six-month term, and the premium was $1,300. And the second project was for a remodel on a single-family home in Denver, Colorado. The betterment value was $200,000, and the existing structure was $460,000 for a total insurable value of $660,000.

Risk 52

Risk Broker-Agent Deductible Insurer 52

Majesco

JULY 11, 2024

Insurance Shopping Study, SM highlights that a notable increase in premiums combined with lackluster customer satisfaction scores is incentivizing insurance customers to go to market for a new policy more than ever before, with nearly half (49%) of U.S. As an example, the J.D. Power 2024 U.S. auto insurance customers actively shopping.

Insurance 40

Insurance Insurer Insured Auto Insurance 40

Distinguished

NOVEMBER 7, 2024

This heightened risk necessitates more substantial bonds, often with higher premiums, to cover potential defaults or non-payment issues. In return for premium payments, the insurer agrees to compensate the insured for losses suffered due to specified risks, such as property damage or liability claims.

Claim 52

Claim Compensation Risk Broker-Agent 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. Materials : The loss of building materials that are on the site or in transit between covered sites.

Risk 52

Risk Broker-Agent Insurer Insured 52

Majesco

FEBRUARY 15, 2024

Whether it’s travel, aviation, marine, cyber, or any other specialized field, the ability to accurately assess and rate risk is paramount. Carriers must balance speed and accuracy to deliver precise risk evaluation, with the expectation and result of comprehensive and fair premium pricing for both the insurer and its policyholders. Let’s

Policyholder 40

Policyholder Broker-Agent Risk Broker 40

Protect Commercial Insurance

OCTOBER 25, 2024

Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. – Inland Marine Insurance for transporting equipment and goods. While it’s tempting to go for the most comprehensive policy, remember to balance coverage with cost.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52