Monthly Archives: <span>September 2019</span>

Today’s E&S Market Is an ‘Overwhelming’ Success

Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and …

Business Moves

National Arch Insurance, Ventus Risk Management Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics- driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises. Ventus, …

Resolving Claim Disputes: Step 3 Research and Document the Interpretation – Part 1 of 3

This article introduces a three-part series covering over a dozen largely legal and contractual principles, many of which are used by attorneys to resolve contract disputes. Most of them can also be used by agents and consultants to resolve insurance …

Going Digital and Building Relationships

Every agent I’ve met in the past decade understands the need to adapt in some way to the digital marketplace — a better-looking website, a more effective email marketing program or adding a mobile app. When the discussion turns to …

When Billion Dollar Cyber Losses Strike: Guy Carpenter/CyberCube

As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the current market that run in the billions …

People & Places

National Insurance broker Aon has appointed Jay Demeusy as U.S. vice chairman of its Reinsurance Solutions business. Alongside his new role, Demeusy will continue to chair the newly formed Global Construction & Inland Marine Practice Group and continue to lead …

The Remaking of Disgrace Insurance

As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors, artists, athletes and celebrity advertising. Her Boston startup matches companies with celebrities for endorsements and advertising. But lately Comenos has …

My New Markets

Commercial Fleets Market Detail: Tip National LLC (www.tipnational.com) offers a small fleet operator program. Coverage includes commercial automobile liability and physical damage; non-trucking liability; occupational accident; commercial general liability; motor truck cargo; and excess liability. Designed for fleets with 1-20 …

The Missing Value Proposition of High Quality Agents

I was having dinner with a close friend who is retired, has no debt and has decent wealth. He asked me why I think he needs insurance. He was wondering if insurance at this stage of his life was a …

Declarations

Dolores praesentium