Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Many traditional carriers want to enter these markets but lack the time or resources to build an in-house underwriting team. For instance, if a client walks into a typical brokerage in the U.S.,

Agents 52

Agents Broker-Agent Broker Underwriting 52

Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. Whether you’re a small business owner, an industry leader, or just curious about the future, understanding these key trends will be essential in navigating the commercial insurance world.

Commercial Insurance 52

Commercial Insurance Commercial Insurer Insurance 52

Risk Management Monitor

AUGUST 9, 2022

Many commercial property policies contain provisions that any lawsuit against an insurer must be filed within one year following the “inception of loss,” otherwise it is barred. In 2018, the 5 th Circuit Court of Appeals took things a step further in Certain Underwriters at Lloyd’s of London v. Lowen Valley View, L.L.C.

Damage 78

Damage Claim Commercial Property Deductible 78

Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Distinguished

AUGUST 26, 2024

Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties. Developers : In larger commercial projects, developers need to be included on the policy. What Kinds of Projects Will Distinguished Cover in Michigan?

Risk 52

Risk Broker-Agent Insurer Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. For example, many commercial buildings and retail business will often have large theft excesses applied, as a result of theft & malicious damage claims. Getting an alarm will often be a deterrent in the first instance.

Insurer 52

Insurer Insurance Insured Premium 52

Distinguished

SEPTEMBER 10, 2024

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties.

Risk 52

Risk General Liability Broker-Agent Insurer 52

Property Insurance Centre

AUGUST 8, 2024

The premium requested will depend on numerous underwriting factors, such as how long you think it will be empty for & the postcode. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. So give us a call of fill in an online form and we will be in touch.

Insurer 52

Insurer Insurance Insured Premium 52

Distinguished

SEPTEMBER 25, 2024

Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. Developers : In larger commercial projects, developers need to be included in the policy. What Does Distinguished’s Builder’s Risk Cover?

Risk 52

Risk Broker-Agent Insurer Insurance 52

Majesco

APRIL 11, 2024

If we don’t get down to addressing the loss ratio — underwriting, pricing, risk selection, and claims management — for many carriers, even if they cut costs by 100%, they’re still not going to be profitable. This isn’t just because of the size of their expense ratio. Here is a positive trend, for example.

Commercial Property 40

Commercial Property Risk Claim Deductible 40