A person directly responsible for investigating and settling claims that might be covered by insurance. Adjusters: they’re not all the same
In insurance, collision refers to accidents where a vehicle hits another object or vehicle. Collision coverage pays for loss or damage resulting from a collision. Tough times call for new priorities for p&c personal lines carriers
Commercial auto insurance is specifically designed to protect businesses that use vehicles for operations. It provides financial protection during accidents, including auto liability and auto physical damage. The evolution of mobility/transportation: what it means for insurers
Commercial insurance, also known as business insurance, is a type of insurance designed to protect businesses from financial loss arising from unexpected events that impact their employees, assets or liabilities. Digital transformation in commercial lines: a frenzy of activity AI + data is a force multiplier for p&c
Commercial Package Policy (CPP) is a type of insurance that combines multiple types of coverage into a single package. CPP will include general liability insurance and commercial property insurance as standard components. Beyond core coverages, there are numerous ways to customize a Commercial Package Policy. Use case: end-to-end
Insurance for business property and physical assets against damages and subsequent lost income. P&C commercial insurers strategic initiatives Commercial insurers transformational tech priorities
A class of shares that has no special features and possesses no greater rights than any other shares except for Preferred Shares. All capital stock except for preferred stock is considered Common Shares. 5 unexpected tasks when registering as a foreign entity
A Binder is a statement that coverage is in force. Its purpose is to provide temporary coverage until an actual insurance policy can be issued. A binder need not be in writing. How agencies can reduce EO risk across the policy lifecycle DEC pages & surplus lines filings
In order to obtain certain types of insurance licenses, you may be required to obtain a bond. A bond is an insurance agreement pledging responsibility for financial loss caused to a state by the act or default of an agent or agency. What is an MGA
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of an employer for compensation. Use Case: broker enhances commercial account servicing New digital solutions are transforming insurance distribution
