Property Insurance Centre

OCTOBER 18, 2024

Recent data from 2023 and 2024 highlights the financial strain on insurers and property owners alike, driven by more severe storms, heavy rainfall, and unpredictable weather patterns. Rising Claims Due to Extreme Weather In 2023, UK insurers faced record-breaking claims from weather-related damage.

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Property Insurance Premium Insurer Insured 52

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Jackson & Jackson

APRIL 10, 2024

It protects you from claims arising from accidents or injuries on your property. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Understanding the Claims Process Before signing up for any insurance policy, understand the claims process.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Jackson & Jackson

NOVEMBER 16, 2024

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. The post Top 6 Insurance Policies Every IT Business in California Should Have appeared first on Jackson & Jackson Insurance Agents and Brokers.

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Insurance Policy Policy General Liability Workers Compensation Insurance 52

Distinguished

OCTOBER 15, 2024

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

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Policy Risk Broker-Agent Liability 52

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. It protects against perils like fire, explosions, storms, and other risks outlined in the policy.

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Property Insurance Commercial Property Commercial Insurer 52

Property Insurance Centre

JANUARY 4, 2024

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. Increased claims, larger losses, decreased profitability, and reduced capital have prompted reinsurers to implement measures to mitigate risks and protect their bottom line.

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Property Insurance Commercial Property Liability Insurer 52

Distinguished

SEPTEMBER 17, 2024

Loss experience. We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. We had an insured recently where we were at the max 24 months when the broker requested a three-month extension. And in those cases, it would be a declination.

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Risk Broker-Agent Deductible Insurer 52

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. The Association of British Insurers (ABI) reports that some commercial properties are deemed uninsurable due to repeated claims.

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Commercial Commercial Property Insurer Insured 52

Property Insurance Centre

MARCH 19, 2024

Consumer education ensures that individuals are prepared and protected with the proper insurance coverage and are knowledgeable about the claims process. It empowers individuals to navigate the claims process effectively and avoid insurance scams. May experience difficulties and delays when making claims due to lack of understanding.

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Property Insurance Policyholder Insurer Insured 52

Distinguished

JULY 22, 2024

In the case of a catastrophic loss, art pieces worth thousands of dollars would only be covered up to that low per-item limit, leaving the collector with significant financial losses. Property and Liability products are distributed through a national network of agents and brokers.

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Insurer Insured Insurance Policy 52

Protect Commercial Insurance

SEPTEMBER 20, 2024

It covers you against claims of property damage, personal injury, or negligence. Without this insurance, not only do you face the risk of hefty compensation claims, but you could also incur significant fines from regulatory bodies. Legal fees and compensation claims can sometimes run into thousands or even millions of pounds.

Liability Insurance 52

Liability Insurance Liability Insurer Insured 52

Property Insurance Centre

JANUARY 30, 2024

It’s essential to accurately determine the rebuild cost of the property and disclose any claims history. It’s essential to accurately determine the rebuild cost of the property and disclose any claims history. Accurately determine the rebuild cost of the property and disclose any claims history.

Building 52

Building Insurer Insured Insurance 52

Jackson & Jackson

MARCH 18, 2024

An insurance policy covering your luxury handbags ensures you are protected from financial loss in unforeseen circumstances. Look for companies that specialize in high-end items and have a proven track record of handling claims with efficiency and care. Consider the customer service they provide and their claims process.

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Insurer Insured Insurance Insurance Policy 52

American Agents Alliance

SEPTEMBER 11, 2024

The Power of South Coast Surety as Your Bond Broker Selling surety bonds doesn’t have to be complicated, especially when you have the expertise of South Coast Surety by your side. Again, the principal on the bond (the contract) is ultimately financially liable for any valid claims.

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License Commercial Broker-Agent Claim 40

ProWriters

NOVEMBER 13, 2024

The CrowdStrike attack underscores your need, as a Cyber Insurance broker, to have discussions with your clients about safely and effectively navigating today’s digital security landscape. The CrowdStrike outage highlights the potential for significant financial losses due to downtime. What Is the CrowdStrike Attack?

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Cyber Insurer Insured Insurance 98

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This can include claims related to alleged mismanagement, negligence, or improper disclosure.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Protect Commercial Insurance

MARCH 14, 2025

With the right commercial insurance broker and a comprehensive property coverage plan, you’ll rest easy knowing your business is well-protected. A prevalent one is that its an unnecessary expense, especially if youve never needed to make a claim before. – Stock and Inventory : Raw materials, finished goods, and products.

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Commercial Property Property Insurance Commercial Business Interruption 52

Distinguished

MARCH 25, 2025

In short, their value is highly subjective and requires expertise and connections beyond most insurance agents or brokers. Without proper coverage, collectors risk significant financial loss if their decoys are stolen, broken, or devalued due to improper restoration. Want to get a bindable quote for your client?

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