Markets

Commercial lines markets may be stabilizing, but agents who use this period to reset and prepare will be best positioned for what’s ahead.

Parametric insurance has been around for many years, but with increased data granularity and availability, these special policies are now widely available to fill coverage gaps under admitted policies.

The policy protects the tools, equipment and livelihood of small specialty contractors who focus on service, repair and standard installation work.

Coverage includes property insurance with enhancements covering farm dwellings, outbuildings, equipment, livestock, harvested crops, and more.

The new admitted property product is designed to modernize insurance coverage for small to mid-sized manufacturing businesses.

Along with precise building valuations, Construction, Occupancy, Protection, and Exposure (COPE) forms the backbone of any commercial property risk assessment.

As demand for data centers and energy storage accelerates in the coming year, these contaminated industrial sites will find new life as technology hubs.

For homeowners and business owners, updating their structures comes down to one key question: Is it worth spending the extra money to achieve enhanced building standards.

The rapid growth in data centers has brought new challenges and a growing need for sophisticated insurance solutions to manage such risks.

The product covers any economic losses resulting from fluvial, pluvial and coastal flooding, and offers rapid payouts triggered by pre‑set conditions.