Markets

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

Independent agent Sally Fabre predicts that there will be more uninsured drivers on the road in the future. “Clients are already being overwhelmed by the rising price of rent, healthcare and food,” she says. “Car insurance is a huge moral and financial di

Independent agent Donny Chartier does not write any hotel/motel policies without employment practices liability insurance for two reasons: sexual harassment and age discrimination. “Right now, it’s the most important coverage a hotel owner can have,” he s