After a flood event, numerous flood-related claims are turned in on insurance agents errors & omissions policies. While some of these claims are justified, a great number of them are due to lack of flood coverage.
Dealing with high net-worth clients is not the same as dealing with your other clients.
As 20th-century writer and philosopher George Santayana famously declared, “Those who cannot remember the past are condemned to repeat it.” No argument here. Insurance underwriters and claim managers share the conviction that the surest way to predict the
For an agency looking to procure coverage for a golf course, there are several warning signs and red flags to look “fore” prior to placing these risks.
Multiple endorsements are available to agents who place an account with Markel Specialty, ensuring that no matter the scenario, Markel Specialty is here for your small business.
With the advent of ridesharing services leading many individuals to use their personal vehicles for income, the insurance industry has had to adapt quickly.
Selling and servicing insurance is not like selling and servicing other products. Here are five ways to avoid errors & omissions claims through smart sales practices.
Ever hear the adage, “The two happiest days in a person’s life are the day they buy their boat and the day they sell it”? The same is true of the insurance professional who views acquiring another agency through rose-colored glasses.
Significant errors & omissions claims have resulted from the marketing and procurement of personal umbrella policies—or lack thereof. Here are a few landmines to watch out for.
If you want the next generation of your agency to find the path to success, you’ll need to let your example show the way. Here are five good habits that can help reduce or prevent errors & omissions claims.
