With steady growth expected in the rebounding construction industry, risk management remains a priority among architects, engineers and other design professionals. Victor O. Schinnerer & Company responds with newly expanded liability coverage.
Errors & omissions claims usually arise from a specific type of error. But once in a while, a claim comes up that’s downright bizarre. Would your agency be susceptible to a similar claim?
Out of 14 total years in insurance, independent agent Sarah Logan has specialized in commercial insurance for the past 11 years—devoting eight of those to insurance for condominium and homeowner associations specifically.
For independent agents who specialize in private company D&O, the expectation that mergers and acquisitions will continue at a heightened pace is good news.
Want to help your D&O clients get the most bang for their coverage buck? Agents with the best negotiation techniques usually receive the best combinations of coverage and annual premium costs.
Too many errors & omissions claims still result in a he said/she said credibility dispute. Documenting all interactions with customers and carriers as well as every insurance transaction can be critically important in defending an E&O claim.
Swiss Re Corporate Solutions has found that the following three issues are the most common causes of E&O claims arising from placing workers comp coverage: location, premium and time.
Lack of communication and poor documentation present significant E&O exposures for insurance professionals—risks compounded by a language barrier between agent and client.
While the name on the policy has changed to “Westport Insurance Corporation” and the ownership of the carrier to Swiss Re Corporate Solutions, financial stability and strength has remained a constant.
A chief relationship officer is not a single position one must apply for, but a position for everyone. And in order to be a great CEO, CFO, COO or C-anything, you need to be a great CRO first.
