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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 ...
Understanding the impact of step factors on first-year claims-made policies
In the realm of professional liability insurance, particularly within the healthcare and senior living sectors, understanding claims-made policies is crucial for both insurers and insureds. One of the key components of these policies is the concept of step factors, which play a significant role in determining premium costs over ...
