Insurance Journal

OCTOBER 9, 2024

Some European insurers, including Generali and Zurich, have imposed restrictions on underwriting for … The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim Finance said on Wednesday.

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Underwriting Underwriter Insured Insurance 261

The Insurance Pro

JANUARY 25, 2025

How Life Insurance Products Develop Returns The return on cash values is driven by unique elements depending on the type of life insurance policy. For universal life insurance policies we focus on the interest rate payable on the policy. For whole life insurance , we focus on the dividend interest rate.

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Life Insurance Policy Insurance Policy Policyholder 92

The Property Insurance Law Observer

FEBRUARY 14, 2024

Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. 29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. In construing the term “windstorm,” the Court noted that its primary concern was to ascertain the parties’ intentions as expressed in the policy.

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Deductible Policy Damage Property Damage 130

Insurance Journal

APRIL 6, 2025

From intake and underwriting to document handling and broker … MGA and wholesale insurance operations are notoriously complexdozens of moving pieces spread across disconnected tools, email inboxes, and outdated software.

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Policy Underwriting Underwriter Broker 100

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

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Agents Broker-Agent Broker Underwriting 52

Scott Insurance

FEBRUARY 19, 2025

. = Many builders risk insurers simply refuse to cover the existing structures during a rehab, forcing owners to secure both a builders risk policy and standalone property coverage for the existing structures. Making sure your underwriter is aware of this construction timeline is essential to effectively managing risk during a rehab.

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Underwriting Underwriter Insured Insurance 52

Insurance Journal

JANUARY 15, 2025

He previously served as NAMIC’s director of auto and underwriting policy. The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and political affairs. Cotto will represent NAMIC before federal officials …

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Underwriting Underwriter Insurance Companies Policy 130

Majesco

AUGUST 8, 2024

The business value of intelligent, AI-powered underwriting solutions, business processes and operating models is driving operational efficiencies, productivity, and profitability. As reflected in Majesco’s 2022 Strategic Priorities Research , 25-30% of insurers have implemented a digital underwriting workbench.

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Underwriter Underwriting Insured Insurance 66

Zywave

FEBRUARY 25, 2025

And many consumers suspect that the insurance company has plucked numbers out of the air to price a policy, with rates seeming to fluctuate arbitrarily. AI can offer total data transparency, so the consumer knows exactly why they are being sold a particular policy and why it is that price.

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Insured Insurance Insurer Broker 52

Redbird Agents

FEBRUARY 4, 2025

Many will show their gratitude in ways that go far beyond just buying a policy. I spent years selling this product full time targeting the exact households above. What to Expect in the Field While the core demographics are straightforward, working in the final expense market brings its own unique challenges and experiences.

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Agents Life Insurance Underwriting Underwriter 130

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market.

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Underwriting Underwriter Policyholder Premium 52

Cowbell

MARCH 30, 2025

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.

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Cyber Underwriting Underwriter Policyholder 64

Final Expense Brokerage

JANUARY 29, 2025

However, this market comes with its own set of challenges, including price sensitivity, unique underwriting processes, and sometimes, a lack of awareness among consumers. Term Life Insurance : While less common for final expenses, some clients may prefer a term policy for its lower initial costs.

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Insurance Agent Insurance Agents Agents Building 130

RiskQuoter

MAY 21, 2024

Learn everything you need to know about securing a $5 million life insurance policy, including underwriting, choosing the right company, and key factors that influence your rates. The post How to Get a $5 Million Life Insurance Policy: A Complete Guide appeared first on RiskQuoter.com.

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Life Insurance Insurance Policy Policy Underwriting 52

Distinguished

APRIL 14, 2025

Submit new business Generate policy documents Access invoices No waiting. Should the quote not meet the portal criteria, no worries, it will automatically refer to an underwriter who will take it from there! Our underwriters are here to help. No back-and-forth. Just convenient, streamlined submissionsanytime. Super Easy!

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Broker Underwriting Underwriter Policy 52

TGS

NOVEMBER 5, 2024

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. Maybe you’ve just bought a new home, or maybe it’s time to revisit your current policy to make sure you’re covered in all the right places. Location is everything.

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Underwriter Underwriting Insured Insurance 52

Distinguished

APRIL 21, 2025

Automatic renewal: Ensures continuous coverage with hassle-free policy renewals. These advantages make Distinguisheds policies a comprehensive and flexible solution for Chicago landlords. These advantages make Distinguisheds policies a comprehensive and flexible solution for Chicago landlords.

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Broker Liability Broker-Agent Building 52

Distinguished

MARCH 20, 2025

Not only are they insured in the event of a covered risk, but they can also sleep well at night knowing they have a policy limit that is high enough to cover whatever gets thrown their way. This allows the owner-occupant to insure both the building and their personal unit under the same policy.

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Building Protection Damage Insured 52

TGS

FEBRUARY 28, 2025

Policy Information Details of the insurance policies under which the claims were filed. Insurance companies rely on these reports to assess risk when underwriting a new policy. The most common report is the Comprehensive Loss Underwriting Exchange (C.L.U.E.) report, managed by LexisNexis.

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Claim Home Insurance Damage Insurance Agency 52

Distinguished

APRIL 29, 2025

Insurance companies and brokers play a key role in mitigating these risks by offering specialized landlord policies. Discover why landlord insurance is vital for property owners in Colorado, the protections Distinguished can offer, and how brokers can help their clients secure the best policies.

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Liability Financial Loss Insured Insurance 52

Zywave

APRIL 11, 2025

Get millions of datapoints from the Commercial Policy Benchmark API to supplement and inform your benchmarking of your offering against competitors in Cyber, D&O, and many others. Zywaves APIs can serve many industries outside of the insurance agency.

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Broker-Agent Broker Agents Cyber 52

The Property Insurance Law Observer

AUGUST 22, 2024

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches. Underwriters at Lloyd’s, London , 2012 WL 2020168 (D.

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Building Commercial Property Damage Policy 130

Distinguished

MAY 6, 2025

Businesses with mobile property whether equipment, materials, or cargo need protection beyond standard policies. Distinguisheds inland marine policies provide tailored protection, ensuring businesses can recover quickly and maintain operations with minimal disruption. Who Needs Inland Marine Insurance?

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Inland Marine Insurance Inland Marine Marine Insured 40

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Additionally, even if insurance is provided, policies may come with exclusions that specifically limit coverage for risks related to unresolved violations. Katie is based in Rhode Island.

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Building Damage Insurance Broker Underwriting 59

Zywave

MARCH 19, 2025

APIs enable seamless and customizable integration between different systems, such as AMS/CRMs, policy management, and communication platforms, ensuring up-to-date information across all systems. APIs facilitate instant updates and communication, such as sending policy updates or claim status notifications, enhancing transparency and trust.

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Insurance Industry Broker-Agent Insured Insurance 52

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

APRIL 14, 2025

But with value comes risk, and standard homeowner insurance policies frequently fall short when it comes to protecting one-of-a-kind instruments. Thats why a specialized collectibles policy is the right solution for clients who own rare, high-value guitars whether theyre collectors, professional musicians, or investors.

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Insured Insurance Insurer Policy 52

PSM Brokerage

JANUARY 29, 2025

AI-powered chatbots can answer common policy questions, help clients with claims processing, and even assist with policy renewalsall without requiring an agents direct involvement. Use AI-driven virtual assistants to streamline policy management and claims tracking. Provide AI-generated policy comparisons to clients instantly.

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Insurance Agent Insurance Agents Agents Insured 52

American Agents Alliance

APRIL 3, 2025

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. Education is often the first step.

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Agents Policyholder Premium Auto Insurance 52

Distinguished

FEBRUARY 24, 2025

From understanding local exposures to leveraging tailored package policies, youll gain the insider knowledge needed to win your clients trust and business. High-limit umbrella insurance: Offers liability coverage beyond standard policy limits, with options up to $130 million. What Exposures Do Charlotte Restaurants Need to Worry About?

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Liability Liability Insurance Insured Insurance 52

AMAXX

MARCH 24, 2025

However, the insurers underwriter reviews this assignment to confirm its appropriateness and may suggest alternative classifications if discrepancies or better-fitting categories exist. If the underwriter identifies a different classification as more suitable, they notify the broker and employer.

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Workers Comp Premium Workers Compensation Compensation 59

PSM Brokerage

JANUARY 10, 2025

Introduction to Final Expense Insurance Final Expense Insurance is a small whole life insurance policy designed to cover end-of-life costs, such as funeral expenses, medical bills, and other outstanding debts. Recurring Revenue: Final Expense Insurance policies provide agents with consistent commissions, creating a stable income stream.

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Life Insurance Agents Insured Insurance 105

Final Expense Brokerage

NOVEMBER 30, 2024

When discussing final expense insurance with clients, agents often encounter misconceptions that can prevent clients from seeing the value of these policies. With this policy, you’re securing a fund for your family, so they don’t have to worry about the financial side during a difficult time.”

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Agents Out-Of-Pocket Life Insurance Insured 130

Distinguished

MARCH 20, 2025

Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Brokers also help interpret legal precedents and case law, including issues of negligence, duty to maintain clauses, and the concealment or misrepresentation clauses found in insurance policies.

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Broker License Insurance Broker Risk 52

RiskQuoter

APRIL 16, 2025

CMFG Life Insurance Company underwrites policies. TruStage is a life insurance company that offers coverage through credit unions. With over 80 years of history, it’s […] The post Trustage Life Insurance Review – Why You Can Likely Do Better appeared first on RiskQuoter.com.

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Life Insurance Insurance Companies Underwriting Underwriter 52

Cowbell

FEBRUARY 6, 2025

At Cowbell, weve long believed that prevention is better than cure , and we strive to deliver more than just an insurance policy to fall back on. Qualys Policy Compliance : Monitors and enforces compliance with internal policies and external regulations. Brokers : Leverage CRS to differentiate your services.

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Policyholder Cyber Broker Risk 52

Distinguished

MARCH 19, 2025

Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Brokers also help interpret legal precedents and case law, including issues of negligence, duty to maintain clauses, and the concealment or misrepresentation clauses found in insurance policies.

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Building Broker Damage Insurance Broker 52