COVID-19 Thrusts D&O into Hardest Market as Underwriting Tightens
The directors & officers market saw a hardening at the beginning of the year, and the coronavirus pandemic has caused even more disruption.
The directors & officers market saw a hardening at the beginning of the year, and the coronavirus pandemic has caused even more disruption.
Before placing errors & omissions coverage with any carrier you are appointed to represent, consider these five factors.
Directors & officers insurance certainly has been in the press recently—boards of directors are concerned over price increases and lawsuits related to COVID-19.
It’s safe to say 2019 was an interesting time in the directors & officers insurance space, and the coronavirus pandemic isn’t making things any easier.
How inadequate training, merger & acquisition slip-ups and faulty technology processes cost agencies.
The employment practices liability insurance industry has never sailed on smooth seas, and the near future of the market is no different.
A prospect bought a warehouse for $1 million. The replacement cost is $25 million but the owner only wants to protect their investment and has said they wouldn’t replace the building in the event of a total loss.
Here are a few simple reminders that will help insurance professionals avoid many of the errors & omissions pitfalls associated with the procurement of builders risk policies.
In a competitive market, agents can gain an edge on the competition and reel in new business by thinking outside the box when it comes to clients and services.
Wouldn’t it be nice to know? This month’s Student of the Industry article takes a look at the data.