Commercial Lines

Agents must strike a balance between recommending suitable coverage and refraining from providing opinions on whether specific losses are covered under a given policy.

“Most insurance companies consider general liability the cornerstone line of business for an account,” says independent agent Brad Berrong. “Normally, if a company does not consider this type of exposure, it will not accept other lines of insurance for that account.”

Consumer litigation activity continues to impact the market adversely, with third-party funding driving additional litigation costs, higher settlements and higher premiums.

As breweries and wineries go green, agents need to translate sustainability initiatives into clear underwriting conversations and protection strategies.

As trusted advisors, agents can identify the trends in specific types of professional services, understand the risks and translate them for their clients

Accounts receivables insurance offers small and medium-sized businesses a critical tool to protect their cash flow and provides financial stability while pricing pressures are difficult to control.

Rising costs within the sector threaten coverage affordability and, in the long run, availability. Yet, insureds still need coverage.

The coverage is designed for a broad range of commercial properties that require substantial limits beyond traditional primary layers.

Midsize companies are often targets due to having lower budgets for cybersecurity than their larger counterparts. This, coupled with fewer and outdated IT resources, makes the likelihood of a cyber attack higher.