Risk Management

As the directors & officers (D&O) market shifts from soft to hard, it is a prime time for independent agents to identify emerging trends and changing exposures for their clients.

In response to a spike in ransomware attacks on the food and agriculture sector, the PAK Cyber Suite provides alcoholic beverage manufacturers with coverage against a full range of cyber threats.

While D&O and cyber liability policies offer distinct coverage differences, many companies mistakenly believe they do not require separate policies.

With adverse impacts from social inflation, litigation funding and heightened safety expectations, the public entities insurance market is in a hard market with increased premiums and reduced limits.

Vortex Rain Insurance can help safeguard outdoor event revenue against Mother Nature. With transparent quotes, automated claims and quick payouts, it’s peace of mind, rain or shine.

From escalating property premiums to increasing liability costs, social inflation and litigation funding, public entities have to continually refine how they manage their unique exposures.

If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.

Traditional insurance leaves business owners vulnerable against non-damage business disruption caused by the weather. Parametric insurance, like Vortex Weather Insurance, can help fill those gaps. 

Fourth of July celebrations involve grilling, fireworks and outdoor gatherings. But behind the red, white and blue is a spike in risk.