Key to Environmental Liability
Every business, regardless of size, should be considering its environmental exposures. According to William McElroy, senior vice president, Environmental, Liberty International Underwriters, there is no avoiding the fact that environmental liability is a highly technical area. Thus, a close working relationship between the broker and an experienced environmental carrier is the key to getting the coverage right.
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Young Agent, Young Owner
Amy Bryan, owner of Bryan Insurance Agency in New Windsor, N.Y. opened her own independent insurance agency at the age of 22. She had no carrier appointments and no customers when she launched her agency in 2004, ut it didn’t take long for Amy to attract quality carriers and customers. Now, at just 28 [...]
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Creating Online Connections
To the 77 percent of independent insurance agencies that don’t have a social media presence, creating a profile and trying to form “friendships” via a computer can be daunting. Once you get online, however, tools such as blogs, Facebook, LinkedIn and RSS feeds actually can help an agency build more thoughtful relationships with other agents [...]
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London Calling
London Based specialty insurer Hiscox, which launched a significantly expanded US presence in 2006, saw its gross profits reach record levels of 481 million dollars last year. Recently, the company’s chief underwriting 0fficer, Rob Childs, sat down to discuss the profitability for the company and what he sees as the outlook and obstacles for [...]
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Insurance Risks at Gatorland Theme Park
Opened in 1949, Gatorland is central Florida’s oldest theme park. The 110-acre attraction is home to a multitude of animals, including the powerful alpha predators that are the park’s namesake.
With over 100 employee roles, ranging from custodial and food handling to gator wrestling, the potential for injury is great; however, the incident of harm at [...] -
From Vine to Wine
Don Reha is the winemaker for Orfila Vineyards and Winery in Escondido, California where he oversees the winemaking process from vine to bottle. In this episode of Watching the Risks, Reha talks about insuring and protecting the product and business income through its various stages.
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Fast Food Chain Battles Fraudulent Claims
Based in San Diego, Jack in the Box Inc. was founded in 1951 and is the first major fast-food chain that started as a drive-thru. Today, it has approximately 43,000 employees with more than 2,200 quick-serve restaurants in 18 states. In this episode, Jack in the Box deputy general counsel of 12 years, [...]
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Building a Partnership with Your Carrier
Lois Massa and Margaret Zechlin of GE Insurance Solutions discuss how to treat an agency/carrier
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Better Service than the Lizard
On Point with Peter van Aartrijk and Rick Morgan is an audio conversation with insurance industry leaders who champion change and challenge all of us to think.
In the sixth episode, Peter and Rick talk with Rick Dinger of Crescenta Valley Insurance, Inc. in Glendale, California about how social media has helped his company reach a [...] -
Mercator’s Treanor sees private equity’s impact on surplus lines as ‘positive’
The softening market is going to last for a while, says Chris Treanor, president and CEO of Mercator Risk Services, a national wholesale insurance broker established in January 2006. Treanor believes players in the surplus lines insurance industry will need to be looking at strategies for riding out softening market conditions for the next three [...]
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November 13, 2009 at 8:36 am