Distinguished

SEPTEMBER 10, 2024

From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. To address these diverse risks, Distinguished’s Builder’s Risk Program offers tailored solutions for Alabama’s construction needs.

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Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. This is why the popularity of Builder’s Risk insurance is growing. Read on to learn more about the coverages, costs, and benefits that make Distinguished’s Builder’s Risk Program ideal for Tennessee’s booming industry. 

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Distinguished

APRIL 9, 2025

Many traditional carriers want to enter these markets but lack the time or resources to build an in-house underwriting team. Specialization: Brokers typically offer a broad range of standard insurance products, while MGAs specialize in niche markets like cyber liability, HOA insurance, and high-risk commercial properties.

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Distinguished

AUGUST 26, 2024

However, alongside all of this construction comes large financial risks. Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing.

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Distinguished

OCTOBER 15, 2024

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. In this case, the owner is covered for the physical damage to the property (e.g.,

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Distinguished

SEPTEMBER 17, 2024

We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. Loss experience.

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Distinguished

SEPTEMBER 17, 2024

“We have incredible conviction that Trevor will build a business that is responsive to his customer needs and provide exceptional underwriting results to American Surety.” “It is a privilege to spearhead the Surety program with Distinguished,” says Trevor Hash, President of Distinguished Surety.

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Distinguished

NOVEMBER 4, 2024

A dynamic sales and risk management executive, Proniuk brings more than a decade of experience, with expertise in relationship building, pipeline development, and strategic growth. He has a deep understanding of luxury consumer buying behavior and values the importance of strategic relationships for expanding market opportunities.

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Distinguished

AUGUST 7, 2024

The program now offers discounts for items stored in LEED-certified buildings, promoting environmentally responsible storage solutions for valuable collections. These initiatives reflect Distinguished’s commitment to environmental stewardship in the industry.

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Distinguished

OCTOBER 31, 2024

Tell us about your mission, origins, building, collection’s basis, exhibitions, staff, and what makes your institution unique. How to Mitigate Risks Proactively Protect people first, property second. What you should share with the insurance company to help save on cost without compromising coverage.

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Distinguished

JULY 8, 2024

Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. A: There are several important considerations including: Specialty coverage that caters to the hotel industry risks and exposures. Q: Is there an age limit for buildings to be eligible for the property program?

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Distinguished

OCTOBER 1, 2024

In some rare instances where clients are unable to install centrally monitored alarms due to association rules in condo or co-op buildings, we can accept 24-hour doorman or alternate equivalent protections in lieu of centrally monitored alarms. Q: Is an alarm system required to get insurance for personal collections?

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Protect Commercial Insurance

OCTOBER 25, 2024

This approach ensures that you choose a policy that doesn’t just tick boxes but genuinely covers your specific risks and requirements. What are the specific risks associated with your industry? Every industry comes with its own set of risks. Once you’ve outlined the risks, the next step is determining how much coverage you need.

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