Alliant Insurance Services announced today the promotions of Kevin Dolan and Craig Graham to co-lead the national Wrap-Up insurance team for Alliant Construction Services Group. In the new leadership roles, Dolan and Graham are responsible for managing the growth of this rapidly expanding division, with a focus on delivering industry-leading Wrap-Up services to the largest… Continue reading Alliant Names National Wrap-Up Program Leaders
Tag: General Liability
Insurance Review: Maximizing Insurance Coverage for Coronavirus Losses
The Situation: Declared a global health emergency by the World Health Organization, and with more than 17,000 cases already confirmed worldwide, preliminary estimates indicate that the latest coronavirus outbreak may not peak until late April 2020. The Result: Business interruption and other losses due to the continued global spread of coronavirus are projected to total… Continue reading Insurance Review: Maximizing Insurance Coverage for Coronavirus Losses
Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the January results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, nearly all lines of business experienced an increase in average premium renewal rate, except Workers’ Compensation, which saw a negative turn. Month over month, January premium renewal rates experienced variable… Continue reading Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
Next Insurance Raises $250 Million from Munich Re
Reinsurance company Munich Re AG has invested $250 million in Next Insurance Inc. in a funding round that valued the small-business insurance provider at more than $1 billion. Munich Re was the sole investor in the Palo Alto, Calif.-based company’s Series C round. Next Insurance offers general liability, professional liability, workers’ compensation and other types… Continue reading Next Insurance Raises $250 Million from Munich Re
Renewal Rates Experience Year-Over-Year Increase Across Nearly All Major Commercial Lines Products
IVANS, a division of Applied Systems, announced the results for Q2 2019 IVANS Index, the insurance industry’s premium renewal rate index. Year over year, Commercial Auto, Business Owner’s Policy, General Liability, Umbrella and Commercial Property all experienced increases in average premium renewal rate change; Workers’ Compensation remains in negative territory. Quarter over quarter, there was… Continue reading Renewal Rates Experience Year-Over-Year Increase Across Nearly All Major Commercial Lines Products
Willis Towers Watson Launches Unique Approach for Mid-Market Clients
Willis Towers Watson, a leading global advisory, broking and solutions company, has launched an innovative new solution for General Industry mid-market clients as part of its Differentiated Broking Solutions (DBS) business strategy. An evolution of the Willis Towers Watson panels strategy, DBS will offer custom insurance solutions across various industries. This initial launch for General… Continue reading Willis Towers Watson Launches Unique Approach for Mid-Market Clients
Commercial Lines Renewals Experience Varied Rate Changes
IVANS®, a division of Applied Systems®, today announced the May results of the IVANS Index™, the insurance industry’s premium renewal rate index. The results showed varied change in premium renewal rates month over month with BOP, General Liability and Commercial Property experiencing an upward turn, and Commercial Auto, Umbrella and Workers’ Compensation experiencing a downtick… Continue reading Commercial Lines Renewals Experience Varied Rate Changes
CoverWallet Launches Cutting-Edge InsurTech Platform for Commercial Insurance Exclusively for Agents
CoverWallet, the leading insurtech company that makes it easy for small businesses to understand, buy, and manage insurance online, today announced CoverWallet for Agents, a dedicated platform for insurance agents. Through the technology platform, agents benefit from a fast, simple, and efficient way to provide commercial insurance to businesses, with a single point of entry… Continue reading CoverWallet Launches Cutting-Edge InsurTech Platform for Commercial Insurance Exclusively for Agents
August Commercial Insurance Renewal Rates Bounce Back Across Nearly All Major Lines
IVANS®, a division of Applied Systems®, today announced the results of IVANS Index for the month of August, the insurance industry’s premium renewal rate index. Bouncing back from last month’s results of decreasing rate change across almost all lines of business, August results show positive change across nearly all major commercial lines except for Commercial… Continue reading August Commercial Insurance Renewal Rates Bounce Back Across Nearly All Major Lines