Magazine

Here are three ways agents can help procure the best possible coverage for public entities clients despite changing risks.

The public entities insurance market has experienced significant upheaval as carriers exited the sector, due to an increase in risks, or reduced capacity, requiring a higher level of self-insurance.

Independent agents can play an important role in assisting clients mitigate the increasing costs of insurance for public entities. Here are three ways agents can add value.

Agents must navigate a challenging landscape to provide coverage for public entities’ unique coverage needs.

With reduced capacity, increasing rates and the coronavirus pandemic, agents and insureds are facing difficult choices in the public entities market.

Local governments and institutions have been among the most involved with the coronavirus pandemic, adding fuel to the fire in an unsettled market.

Pioneer Programs created a comprehensive, risk management approach to active shooters focused on preventing and mitigating such events.

The policy provides coverage for employment practices liability and sexual misconduct and molestation liability for educational institutions in the U.S. that receive federal funding.

The changes to state statutes represent a significant increase in exposures. The most affected will be schools, churches, foster care facilities, nonprofit organizations and children’s organizations.

With an increasing number of cyber attacks taking their toll on public entities, it’s clear that every city in America is vulnerable and should prepare accordingly. Protect your public entity clients with these mitigation tactics.