Insurance Journal

JULY 17, 2025

Price Forbes, the London-based re/insurance broker, announced the further expansion of its exclusive cross-class facility, Lectio, to include construction/builders risk coverage. Lectio will automatically follow pre-approved Lloyd’s leaders across placements for short-period construction within the U.S., Canada and Australia.

Insurance Broker

Insurance Journal

MAY 2, 2025

Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …

Insurance Broker

Insurance Journal

JUNE 12, 2025

New underwriting talent brings decades of expertise and strong broker relationships to support Alta’s continued growth in the excess space. OVERLAND PARK, KS (June 12, 2025) – Alta Risk today announced the addition of two seasoned excess casualty underwriters, Robert …

Risk

Insurance Journal

JULY 18, 2025

Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several key leadership appointments within … This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here.

Commercial

ProWriters

MAY 20, 2025

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. So, where does this leave Cyber Insurance brokers? The question is: How do you price risk when attacks are becoming faster, smarter, and more unpredictable? Somewhere between opportunity and uncertainty.

Cyber

Insurance Journal

JULY 3, 2025

Specialist Risk Group Acquires Generation Underwriting From WF Risk Group Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of managing general agent Generation Underwriting, which has offices in Newcastle and Belfast, from WF Risk Group. Financial details …

Underwriting

Top Insurance Blogs

JULY 4, 2025

According to Gallagher, one of Australia’s leading insurance brokers, a stronger emphasis on fire separation and regular risk assessments is essential, especially for companies operating in high-risk sectors or fire-prone […] The post Why Australian Businesses Must Prioritise Fire Separation and Insurance Risk Assessments appeared first on My (..)

Risk

Distinguished

JULY 14, 2025

In this guide, we’ll explain why pianos need specialized insurance, what Distinguished’s Collectibles program covers, how brokers can help their clients secure proper protection, and why Distinguished is a smart partner for insuring high-value musical assets and collections. Performing with them adds exposure. Who Needs Piano Insurance?

Broker

Zywave

MARCH 4, 2025

As a broker, staying compliant while managing policies, documents, and client relationships can feel overwhelming. But with the right approach, you can streamline operations, reduce compliance risks, and focus on growing your business. How You Can Stay Ahead Brokers who thrive in todays market focus on three key areas: 1.

Broker

Insurance Journal

JUNE 11, 2025

Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital insurance platform and real-time data enrichment …

Property Insurance

Prof. Allan Manning

FEBRUARY 10, 2025

I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. of their loss.

Business Interruption

Distinguished

JULY 14, 2025

In this guide, we’ll explain why pianos need specialized insurance, what Distinguished’s Collectibles program covers, how brokers can help their clients secure proper protection, and why Distinguished is a smart partner for insuring high-value musical assets and collections. Performing with them adds exposure. Who Needs Piano Insurance?

Broker

AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs. All state laws vary.

Workers Comp

Insurance Journal

JUNE 9, 2025

The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and personal insurance services. Industry veterans …

Insurance Agency

Zywave

JUNE 5, 2025

The risk landscape is becoming increasingly complex, dynamic and unpredictable due to compounding factors like technological advancements, environmental challenges, and evolving legal and regulatory frameworks. Where is this high-risk path headed? How do we keep up and continuously adapt in the face of uncertainty?

Risk

Distinguished

MARCH 20, 2025

Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of? Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls.

Broker

American Agents Alliance

MAY 26, 2025

Becoming a trusted risk advisor is about more than just delivering quotes and writing policies. Agents can differentiate themselves and add value to their services by helping policyholders proactively manage risk, not just insure it. Risk management solutions can help lower a policyholders total cost of risk and increase retention.

Agents

American Agents Alliance

JULY 17, 2025

This can create additional E&O risks for agents and brokers, however, when a policyholder misunderstands their coverage needs or policy language. How E&O Risks Arise From Policy Misunderstandings E&O claims often begin with assertions that the agent failed to adequately recommend or explain coverage to the policyholder.

Risk

Insurance Journal

JULY 8, 2025

Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state’s risk landscape, according to brokers Aon and Gallagher Re in their mid-year renewal reports. “Florida entered the mid-year …

Broker

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Each classification is assigned a code, which corresponds to a certain level of risk associated with that type of work. The higher the risk, the higher the workers compensation premium for that classification.

Workers Compensation

Protect Commercial Insurance

JUNE 6, 2025

Let’s delve into why this insurance is vital for sound risk management and peace of mind. Risk Management for UK Small Businesses Managing risks is an integral part of running a successful small business in the UK. Here’s a closer look at how UK small businesses can manage potential risks effectively.

Commercial Property

Specialty Insurance

MARCH 21, 2025

While AI and LLMs offer exciting opportunities for innovation in the insurance industry, they also present new challenges for agents and brokers. The use of AI by Insurance Agents/Brokers can have an adverse impact on Insurance Agents E&O loss history.

Broker-Agent

Zywave

JUNE 10, 2025

Zywave, a leading insurance technology provider, today announced its 2025 Summer Launch, introducing a suite of advancements designed to drive profitable growth and empower insurers and brokers in an environment of escalating risk. Content Cloud: Empowers users to leverage an AI Assistant to get answers and content faster.

Commercial Automobile

Distinguished

APRIL 21, 2025

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.

Broker

Insurance Marine News

APRIL 22, 2025

Upstream energy clients were increasingly favouring automatic capacity over traditional follow-only markets, according to George Richardson from broker WTW. The post Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW appeared first on Insurance Marine News.

Broker

Zywave

FEBRUARY 25, 2025

Meanwhile, the AI curated data gives the broker more credibility, allowing them to confidently justify their pricing. And being able to see the data that informed the pricing for themselves means the consumer trusts the broker, leading to a better long-term relationship.

Insurance

Distinguished

MAY 6, 2025

For brokers, understanding inland marine insurance isnt just beneficial; its a strategic advantage for serving clients with unique risks. Brokers who understand these risks can proactively offer coverage that keeps businesses moving forward. Why is Comprehensive Inland Marine Insurance Important?

Inland Marine Insurance

Majesco

MAY 8, 2025

While humankind is not being challenged by machines, we are challenged with the changing risk, in particular climate risk. NAMIC, Moodys, The Institutes, insurers, reinsurers and other industry leaders are all talking about a new era of risk and the need to predict and prevent risk, creating risk resiliency.

Risk

Distinguished

MAY 19, 2025

Restaurant owners face a complex set of risks that can disrupt operations and threaten profitability. Why Restaurant Need a Business Owners Policy Restaurants are fast-paced, high-risk environments that face frequent challenges from customer injuries and equipment breakdowns to power outages and spoiled inventory.

Policy

AMAXX

JULY 22, 2025

High-Risk Areas: Where Overcharges Hide While billing errors can happen anywhere, certain areas are particularly vulnerable to abuse or misinterpretation: 1. You should consult with your insurance broker, attorney, or qualified professional. This is where major savings—15% to 35% of charges—can be realized. All state laws vary.

Workers Comp

AMAXX

MAY 19, 2025

Small companies especially found themselves at risk of being put out of operation entirely after just one major injury claim. From the adjuster to the physician, from the broker to the TPA, everyone is there to facilitate recovery and manage risk. From the employers side, things werent much better. All state laws vary.

Workers Comp

Zywave

MAY 15, 2025

Digital platforms and APIs can integrate insurance into purchases across multiple industries, while advanced data analytics and AI allow for real-time risk assessment and personalized offerings, creating more relevant and frictionless customer experiences. Brokers enjoy similar customer access benefits, at a lower cost.

Broker

American Agents Alliance

JUNE 12, 2025

This is where agents and brokers play a critical role in helping identify and close potential coverage gaps. How to Avoid Coverage Gaps That Can Lead to E&O Claims When meeting with new clients or existing policyholders at renewal time, be proactive and ask about new risks, exposures, and opportunities.

Claim

Zywave

JUNE 11, 2025

This global market is at a moment of unmatched opportunity and growth potential, and the need for risk assessment and mitigation is more prevalent than ever before.

Cyber

AMAXX

MAY 27, 2025

Whether you’re an employer, broker, claims manager, or vendor, understanding the real cost of lag timeand implementing systems to reduce itcan drastically lower claim costs and improve outcomes for injured workers. You should consult with your insurance broker, attorney, or qualified professional. litigation rate.

Claim

Distinguished

JULY 7, 2025

Brokers, your next course will be featuring our Business Owner’s Policy (BOP), prepared by our Restaurant experts. Q: What are the ineligible risk characteristics? Q: Will you consider a risk where food is cooked at one location and sold at another? A: Yes, subject to individual risk underwriting. A: Possibly.

Policy

AMAXX

JULY 17, 2025

Each code reflects the inherent level of risk in that job. For example: An office clerk might be classified under a low-risk code like 8810 Clerical Office Employees. A roofer would fall under a higher-risk code, such as 5551 Roofing. High-risk jobs have higher rates because they’re more likely to result in injuries.

Workers Comp