The insurance industry has taken a keen interest in finding future workers with the knowledge and skills required to hit the ground running in the insurance business. One of the more interesting approaches is the Next Generation initiative by the National Association of Professional Surplus Lines Offices, or NAPSLO. The effort, which began as a cocktail party in 2008, now involves more than 100 insurance professionals under the age of 40 who have the opportunity to network and gain valuable career experience.
The alternative energy market has many complicated angles to it, including solar warranties, which are essential to solar manufacturers as well as to the development and funding of solar projects.
According to Mike McMullen, president of PowerGuard Specialty Insurance Services, banks are hesitant to lend against some larger solar projects because of the severe credit [...]
Engle Martin & Associates is an independent adjusting firm providing claims services to the insurance industry. In this interview with Claims Journal, Susan Froman, Engle Martin’s Director of Sales, discusses the growth of the company and providing service to their clients when they need it most.
Too often agency principals find themselves facing a forced sale as a result of not having a proper perpetuation plan. In this podcast, MarshBerry president John Wepler discusses the many difficult and “uncomfortable” decisions required of an owner seeking to properly–and profitably–perpetuate the firm. Listen to this frank conversation as John offers some good news: [...]
The Internet makes it easier to get into business but it also makes it easier to steal others’ ideas. The Web is also expanding the notion of what materials, images and designs need to be protected. Intellectual property attorney David Branfman advises agents on questions to ask clients about intellectual property exposures and warns about [...]
Moving companies face a number of exposures in their daily operations, including workers compensation, cargo, fleet and general liability. Priority Moving in San Diego, Calif. is no exception. A Wheaton Van Lines agent, Priority Moving has created a series of internal procedures, reinforced by a strong employee screening process and training program. Analytics software [...]
Stroz Friedberg is a consulting firm that does computer forensics, mobile phone forensics, electronic discovery and cyber crime response, operating at the intersection of law, technology and behavioral sciences. David Garrett, managing director of Stroz Friedberg’s San Francisco office, explains why clients may or may not have cyber risk insurance, whether those that have the [...]
David Bell, chief operating and administrative officer of Allied World Assurance, who also serves as the 2009 president of the Professional Liability Underwriters Society (PLUS), says that while PLUS has always brought education opportunities to its members, in 2009 the organization will expand those opportunities to younger professionals and students. Through newly completed PLUS education [...]
Independent insurance agent Edward Kuhn of Liability Insurance Solutions and Professional Liability Solutions, with offices in Chicago and Charlotte, N.C., says physicians from various specialties are moving into the medi-spa and anti-aging field but everyone’s not going to make it. This transition from the traditional medical specialties to medi-spa specialties leaves doctors in need of [...]
The insurance industry has done a poor job of getting out the truth about how well it handled