To keep up with future trends in workers compensation, independent agent Deb Conway-Plathe says it’s imperative agents continue to have conversations with customers to encourage them to purchase appropriate limits.
An insured was hauling asphalt for hire when their truck overturned, spilling the load and damaging the mowed and kept medium area. Who pays for the cleanup?
When it comes to commercial auto insurance, independent agent Michael Graham says that agents need a unique combination of skills to help clients navigate the complicated market.
Beazley’s enhancements combine comprehensive errors & omissions and media liability insurance with cyber coverage, breach response and pre-breach services.
Independent agent Warner Phelps used to be “able to use the absence of EPLI coverage to open conversations with prospects,” he says. “Now, insureds already have the coverage in force. Therefore, the conversation turns to coverage, limits and understanding
Independent agent Dan Weedin is noticing “volatility” in the cyber liability insurance market. “The risk and exposure is constantly changing and it’s difficult to keep up with,” he says. “We must stay up to date with the appropriate coverages for perils t
The surety industry is one of the most complex markets in insurance—which makes it a great avenue for independent agents to prove their value. But in a persistent soft market, adding value beyond price is easier said than done.
Due to the amount of detail and sensitive information involved in the surety bond process, it’s important to choose a reliable wholesaler to support you and your client.
The ongoing labor shortage in the construction market continues to put pressure on project scheduling and costs for contractors. But for contractors who are struggling to manage scarce resources, the surety market offers relief.
Independent agent Richard Miller predicts that the surety bonds market will remain strong in the long term. “The future of surety is endless,” he says. “As long as there are jobs to be done, financial guarantees are required, and bonds are uniquely suited