Commercial general liability insurance

Aegis Lumber & Building Materials Launches with Backing by Insurance Specialty Program Powerhouse, K2 Insurance Services

Retrieved on: 
Wednesday, November 29, 2023
Natural Resources, Professional Services, Other Natural Resources, Insurance, Forest Products, Calumet Specialty Products Partners, Risk, Workforce, Building material, Compensated emancipation, Commercial general liability insurance, Truss, Workers' compensation, QBE Insurance, K2

Aegis Lumber & Building Materials , a division of Aegis General Insurance Agency and K2 Insurance Services , announce today the launch of their Lumber and Building Materials insurance program.

Key Points: 
  • Aegis Lumber & Building Materials , a division of Aegis General Insurance Agency and K2 Insurance Services , announce today the launch of their Lumber and Building Materials insurance program.
  • Aegis LBM will also write Workers Compensation with Midwestern Insurance Alliance (a sister program at K2) with QBE Insurance , and will write Northeastern Regional Auto with Lancer Insurance .
  • Jamie Taylor, the President of Aegis LBM, leads an experienced team of lumber insurance veterans, including Bob McSorley, a 30+ year insurance leader, formerly of Pennsylvania Lumbermens Mutual.
  • “We’re thrilled to bring Aegis Lumber & Building Materials to a market in need of excellent underwriting, superior service, and outstanding loss control solutions.”
    “Fortegra is excited to work with K2's Lumber & Building Materials Division,” said Cooper Wallach, VP of Specialty Products and Programs of Fortegra.

Ivans Index October 2023 Results Released

Retrieved on: 
Tuesday, November 7, 2023
Umbrella, Insurance, Padmakar–Ivan index, Commercial general liability insurance, Policy, MGA, Commercial property, BOP, Ivane Matchavariani

Milwaukee, WI., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the October 2023 results of the Ivans Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the October 2023 results of the Ivans Index™, the insurance industry’s premium renewal rate index.
  • Released monthly, Ivans Index is a data-driven report of current conditions and trends for premium rate renewal change of the most placed commercial lines of business in the insurance industry.
  • Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.
  • Ivans Index is available to agencies and insurers as part of Market Insights at markets.ivansinsurance.com .

AWOIP Launches Expanded Insurance Program for Animal Welfare Organization Tangram Insurance

Retrieved on: 
Thursday, November 2, 2023
Property, Gobeille v. Liberty Mutual Insurance Company, Insurance, D&O, Liberty Mutual, Architecture, Excess, Organization, Professional liability insurance, Compensated emancipation, Risk management, Partnership, Animal, Tangram, Auto, Commercial general liability insurance, D

The program is designed to address the unique needs of all types of animal welfare organizations, including everything from small local rescues to larger exotic animal sanctuaries.

Key Points: 
  • The program is designed to address the unique needs of all types of animal welfare organizations, including everything from small local rescues to larger exotic animal sanctuaries.
  • Rekha Skantharaja, President and CEO of Tangram noted the key advantages of the program, "Our specialty program provides differentiated coverage for animal rescue, shelter, and sanctuary organizations that serve and protect animals.
  • Liberty Mutual's Tracey Sharis, President of Global Risk Solutions North American Programs, praised the program for addressing a key risk management challenge faced by animal welfare organizations across the country.
  • "The program effectively solves a growing challenge faced by animal welfare organizations trying to piece together multiple lines of business to cover critical loss exposures.

Players Health Launches Commercial Property Insurance in 90 Days With OwlSurance

Retrieved on: 
Tuesday, October 24, 2023
Insurance, Health, GL, Organization, Players, Athlete, Socotra, Senior, Digital, Risk management, Commercial property, Partnership, Accident, Safety, Commercial general liability insurance, Three Mile Island accident health effects, ISO, Video game, Verisk Analytics

PISCATAWAY, N.J., Oct. 24, 2023 /PRNewswire/ -- Players Health, an innovative sports platform and Insurtech MGA, is celebrating another 90-day launch of a new insurance product, Commercial Property, following similar successes earlier this year for Accident & Health and General Liability. The successful launch was announced today by their partner, OwlSurance, a business unit of ValueMomentum.

Key Points: 
  • OwlSurance (formerly BizDynamics), a business unit of ValueMomentum, congratulates Players Health on their successful rollout of Commercial Property, a critical addition to their portfolio of bespoke insurance offerings for sports organizations.
  • PISCATAWAY, N.J., Oct. 24, 2023 /PRNewswire/ -- Players Health, an innovative sports platform and Insurtech MGA, is celebrating another 90-day launch of a new insurance product, Commercial Property, following similar successes earlier this year for Accident & Health and General Liability.
  • OwlSurance delivered 15 states in 90 days, including digital quote and bind, Commercial Property rating pre-integrated with Verisk's ISO Electronic Rating Content™ (ISO ERC™), third-party integrations, and more than 150 forms.
  • Today, Players Health has doubled the reach of their Commercial Property product to 30 US states.

Aon Launches Multi-Industry Franchise Solutions Program to Help Businesses Manage Risk

Retrieved on: 
Thursday, October 19, 2023
Insurance, Aon, NYSE, Aon (company), Compensated emancipation, AON, Friction, Commercial general liability insurance, Video game, Risk management

CHICAGO, Oct. 19, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon's Franchise Solutions program in North America. Powered by CoverWallet technology, Aon's franchise solutions are designed to better inform, advise and protect franchise businesses.

Key Points: 
  • Powered by CoverWallet technology, Aon's franchise solutions are designed to better inform, advise and protect franchise businesses.
  • Aon helps franchise businesses understand and manage risk across their franchisee network, while also delivering customized insurance programs to franchisees at scale.
  • Aon's Franchise Solutions Program provides a unique experience that simplifies their insurance management journey, helps protect businesses from unknown risks and helps franchise networks function seamlessly," said Andreea Stefanescu, head of North America partnerships for Aon's Digital Client Solutions.
  • The program helps franchise networks navigate the intricate web of insurance policies and regulations to help keep their business protected.

Ivans Index Q3 2023 Results Released

Retrieved on: 
Thursday, October 12, 2023
Umbrella, Padmakar–Ivan index, Product management, Ivane Matchavariani, Commercial general liability insurance, Insurance, Mga Basang Sisiw, Policy, BOP, Commercial property, Gasoline

Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ivans® today announced the results for Q3 2023 Ivans Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ivans® today announced the results for Q3 2023 Ivans Index™, the insurance industry’s premium renewal rate index.
  • Premium renewal rate change by line of business for Q3 2023 highlights include:
    Commercial Auto: Q3 2023 average premium renewal rate averaged 7.01%, an increase compared to Q2 2023 average premium renewal rate of 6.50%.
  • BOP: BOP premium renewal rate increased in Q3 2023 with an average of 7.74% versus 7.56% in Q2 2023.
  • Umbrella: Average premium renewal rate change for Umbrella experienced an increase during Q3 2023 at 5.29% versus 5.12% in Q2 2023.

NEXT Insurance Revolutionizes Agent Experience with Fully Customizable Coverage for Small Businesses

Retrieved on: 
Tuesday, September 19, 2023
NEXT, Policy, Workers' compensation, Small business, Commercial general liability insurance, PALO, Workforce, Free agent (business), Insurance

PALO ALTO, Calif., Sept. 19, 2023 /PRNewswire/ -- NEXT Insurance, a leading digital small business insurer, today announced a differentiated new offering that will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. NEXT's Coverage Builder represents a fundamental leap in allowing agents the ability to micro-tailor small business quotes for their clients, all while maintaining NEXT's superior instant bind capabilities. Coverage Builder is fast, easy to use, and tailored exclusively to agents pre-purchase, equipping them with the tools they need to select the appropriate limits and fully control the coverage they're quoting.

Key Points: 
  • NEXT's Coverage Builder offering furthers the company's commitment to its agents by providing a user-friendly and accessible digital quoting experience, 100% online.
  • "NEXT's Coverage Builder feature is 100% hassle-free," said Cody L Slocum Lammers, Commercial Lines Agent & Broker at Affordable Insurance Solutions.
  • NEXT's Coverage Builder offering comes on the heels of the company's launch of commercial umbrella/excess liability coverage to support small businesses in their entrepreneurial journey.
  • If you're interested in working with an insurance agent through NEXT Insurance, visit our website to find an expert to help you get the right coverage at the best price.

NIP Group Introduces PoolPro™: Diving Deeper with a Tailored Insurance Program for Pool Builders and Service Contractors

Retrieved on: 
Thursday, September 14, 2023
Umbrella, Construction, Insurance, Maintenance, Workers' compensation, Workforce, Computer security, United States Commercial Service, Growth, Commercial general liability insurance, Safety, Health insurance, Inland marine insurance

WOODBRIDGE, N.J., Sept. 14, 2023 /PRNewswire-PRWeb/ -- NIP Group, a leading specialty insurance program with over 30 years of experience, announces the launch of its latest industry-specific insurance program, PoolPro™. Designed to meet the specialized needs of established pool builders and service contractors, PoolPro offers a comprehensive and innovative approach to business insurance within the sector.

Key Points: 
  • NIP Group, a leading specialty insurance program with over 30 years of experience, announces the launch of its latest industry-specific insurance program, PoolPro™.
  • Designed to meet the specialized needs of established pool builders and service contractors, PoolPro offers a comprehensive and innovative approach to business insurance within the sector.
  • WOODBRIDGE, N.J., Sept. 14, 2023 /PRNewswire-PRWeb/ -- NIP Group, a leading specialty insurance program with over 30 years of experience, announces the launch of its latest industry-specific insurance program, PoolPro™.
  • Leveraging years of experience insuring pool builders and service contractors, NIP Group's PoolPro provides comprehensive coverage tailored to seasoned pool operators.

Ivans Index August 2023 Results Released

Retrieved on: 
Thursday, September 7, 2023
Umbrella, Insurance, Policy, MGA Entertainment, Commercial general liability insurance, Ivane Matchavariani, Padmakar–Ivan index, BOP, Commercial property, Property management

Milwaukee, WI., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the August 2023 results of the Ivans Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the August 2023 results of the Ivans Index™, the insurance industry’s premium renewal rate index.
  • Released monthly, Ivans Index is a data-driven report of current conditions and trends for premium rate renewal change of the most placed commercial lines of business in the insurance industry.
  • Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.
  • Ivans Index is available to agencies and insurers as part of Market Insights at markets.ivansinsurance.com .

NIP Group's TreePro Insurance Increases Excess Capacity to $25 Million, Adds Essential Wildfire Liability Protection for Utility Arborists

Retrieved on: 
Tuesday, September 12, 2023
Insurance, Partnership, CPCU, Compensated emancipation, World Wide Association of Specialty Programs and Schools, Commercial general liability insurance, SVP, Reinsurance

WOODBRIDGE, N.J., Sept. 12, 2023 /PRNewswire-PRWeb/ -- Navigating the complexities of one of the highest-hazard industries, NIP Group is once again setting standards for the tree service industry. Recognizing the emerging risks faced by utility arborists, the company proudly announces a major enhancement to its TreePro® insurance program by increasing excess capacity to $25 million and introducing specialized wildfire liability protection.

Key Points: 
  • Recognizing the emerging risks faced by utility arborists, the company proudly announces a major enhancement to its TreePro® insurance program by increasing excess capacity to $25 million and introducing specialized wildfire liability protection.
  • Recognizing the emerging risks faced by utility arborists, the company proudly announces a major enhancement to its TreePro® insurance program by increasing excess capacity to $25 million and introducing specialized wildfire liability protection.
  • NIP Group's TreePro stands out as that very partner, offering a complete insurance program that tightly integrates underwriting capacity from three insurance giants with its industry expertise.
  • Tim Greifenkamp, TreePro Program Manager at NIP Group, highlighted, "The emerging risks utility arborists face today demand specialized solutions.