How COVID-19 Impacted the Builders Risk Market
The construction industry battled direct and collateral effects from COVID-19 as many builders risk policies did not provide the coverage needed.
The construction industry battled direct and collateral effects from COVID-19 as many builders risk policies did not provide the coverage needed.
Proximity Protect provides workspace coverage and underwriting support for coworking and flex space operations.
While D&O rates are expected to increase through 2021 the trends are definitely encouraging, unless you’re going public through an initial public offering (IPO) or a special purpose acquisition company (SPAC).
The agent submitted an application for professional liability, but was told by the underwriter that saunas and float tanks are operations hazards and therefore do not have professional liability exposure.
Here’s a breakdown of the most common errors agents make when placing professional liability coverage—and how to avoid those situations.
The coronavirus pandemic, catastrophic weather events and other market pressures continue to exacerbate market challenges across all commercial property-casualty lines of business, with rate increases of 25% to 50% in cyber insurance.
While the market remains extremely soft with ample capacity and positive growth projections through 2027, things may not be as rosy as they seem.
“I had no clue what surety or bonding was at first. Upon learning more, I knew it was the career for me,” says independent agent Ben Dycus. “The intersection of construction, finance and working with people to build meaningful relationships was what I wan
Agents can play a central role in identifying carriers and matching their surety appetite to their clients. Here are three ways agents can add value with surety.
Coverage focuses on the farming and agriculture industry, including hard-to-place or boutique farms on a non-admitted basis.