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Common insurance contract requirements to expect when onboarding a new client
Before you start working with a new client, you’ll often be asked to review and sign a contract. This contract usually includes some insurance requirements that you need to follow. Here are some common insurance requirements seen within a contract. 1. Waiver of subrogation: When your client requires a ...
Too many cooks in the kitchen
Planning to involve multiple brokers in your upcoming insurance renewal? You may want to rethink that strategy. Your broker isn’t just a conduit to obtain competing quotes from insurance carriers. Your broker acts as a spokesperson for your business to insurance carriers and serves as quarterback for managing all ...
D&O for asset management in real estate
In asset management, companies with Directors and Officers (D&O) coverage on a general private company form can leave firms vulnerable to significant exposures related to professional services as asset managers. If a company is involved in soliciting and managing investment capital from third parties, it is important for them ...
