Markets

The policy allows homeowners to customize coverage, allows flexible deductibles and copays, offers rewards for claim-free as well as no exclusion zones.

The policy includes both first- and third-party coverage to help respond to cyber events, such as data breaches, ransomware attacks, cybercrime, compromised business email accounts and more.

The special events market has evolved since the coronavirus pandemic, as attendees now have new expectations for events, pushing organizers and the insurance industry to do more.

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.

For agents operating in the market, it’s imperative to understand the transformation that has taken place since the coronavirus pandemic, including changes to event formats, event planning, and audience expectations.

The policy has an enhanced definition of “employee,” which includes all classes of employees, including independent contractors and attorneys retained by the insured while performing legal or consulting services for the insured.

The policy offers dwelling protection for homes valued between $1 million and $6.175 million, providing wildfire-specific benefits including debris removal, landscaping restoration and mitigation support.

The rise of AI is poised to transform independent insurance agencies however, increased adoption is prompting essential discussion regarding the errors & omissions implications of its use by agencies.

The new product is designed to simplify and accelerate the quoting and binding process for small business clients.

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