BOP Pricing Remains Stagnant, but Coverage Starts to Tighten
BOP rate fluctuations tend to be minimal in the absence of major catastrophes. Instead of pricing, the biggest BOP changes in the next 12-18 months will involve coverage clarifications.
BOP
From the Front Lines: BOPs
Sam Zamloot moved to the agency side after working for three insurance companies over a 25-year period. Now, his background in loss control and marketing helps him succeed as a BOP producer.
3 Coverage Enhancements to Look for in BOPs This Year
BOP pricing might be sticking to the status quo. But moving forward, don’t be surprised if your commercial clients want their BOPs to incorporate more than standard fare.
ACE Combines Business, Specialty Coverages in New BOP
ACE Commercial Risk Services, the small business unit of ACE Group, unveiled a new BOP that combines mainstream commercial lines products with specialty coverages.