Commercial Lines

“Directors & officers insurance is the only policy that can adequately protect board actions,” says independent agent William Simons. “The decisions and actions board members take are their personal responsibility.”

As capacity returns and rate increases decelerate, D&O market conditions have improved. However, agents need to remain diligent.

The personal and commercial property insurance market faces supply chain disruptions, inflation and an increase in extreme weather impacting clients’ builders risk coverage.

The updated supplemental health insurance policies offer greater benefits when an insured person experiences the challenges of extra costs that occur from a covered event.

Through the use of alternative building materials as well as technology, new trends in the construction industry offer options for agents to provide the best path forward.

Why would premium be charged on values that exceed the limit of coverage?

With fears of an economic recession ahead, agents and carriers can show their value by helping construction clients through any economic turmoil.

While cybercrime has skyrocketed over the last few years, what’s alarming is that business leaders have been slow to respond to these new threats.

As the retail industry grows, accelerated employee hiring and production means more accidents, injuries and workers comp claims.

Agents who effectively harness online technologies into their service offerings will be able to offer more value to their commercial clients.