5 Star Specialty Programs, a division of Crump InsuranceInsurer(s): Canal, Zurich, Lloyds, Great American, Chartis.Coverages available: Auto (truck) liability,…
All Risks Ltd.Insurer(s): Admitted and non-admitted carriers rated “A-“ or better. Coverages provided: Protection and indemnity (maximum limit…
Is the specialty-transportation market hard, flat or soft? It depends on who you ask as opinions vary widelygenerally a sure sign of a line whose pricing is in a time of transition.
The outlook for commercial lines carriers often is cloudier than for their personal lines brethren. A commitment to changeand the mantra ease of businessis clearing things greatly for carriers and agents alike.
For today's business owners, simply running the day-to-day operations and enticing money-conscious consumers to their shops consumes a significant amount of their focus. However, protecting that revenue stream is as important as creating it.
With a still-shaky economy limiting donations to social-service organizations, many of these groups are being forced to radically reduce spending or to branch out into new and untested revenue-raising watersa move which can pose unexpected and even catastrophic risks.
With a still-shaky economy limiting donations to social-service organizations, many of these groups are radically reducing spending or branching out into new and untested revenue-raising watersa move that can pose unexpected and even catastrophic risks.
The number one request agents have made when the issue of small commercial policies comes up is to find a way to conduct the transaction in a way thats less expensive for the agents, according to Ralph Blust, executive vice president for Willis Commercial Network.
Private-equity firms are still interested in acquiring specialty wholesalers and managing general underwriters, but they are up against some aggressive competitors offering higher deal prices—like 6- to 8-times EBITDA, consultants say.