commercial lines insurance News

SIS Wholesale Insurance Services Launches New SIS Online 2.0 Platform

Carlsbad, CA, August 19, 2016 – Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, announces the launch of its new online rating and policy management platform, SIS Online 2.0. The 2.0 system …

Small Businesses to Commercial Insurers: ‘You’ve Lost That Loving Feeling’

Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends. According to the J.D. Power 2014 U.S. Small Business Commercial Insurance Study …

AIG Launches Global Commercial Property Coverage for Mid-Market

The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management solutions, for mid-sized businesses confronting global risk exposures. AIG’s Property Performance Series …

Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans

Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s President Peter Eastwood said BHSI is “working hard at some expansion plans in Asia …

Buffett Says Berkshire to Be ‘Significant Factor’ in Commercial Insurance

Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). “I think you will see us become a very significant factor world-wide in …