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...ge where required for vendors, distributors, public agencies, etc. for otherwi... current values. Protection of liability reserves from appropriation. Thi...

... it's crucial to all insurance distributors. Carriers are looking for premium ... legal structure, such as a limited liability corporation, through which it'll...

...surance, as well as Professional Liability and Income protection. Andy’s fathe...SPs with his bank. His Professional Liability and Income Protection are with h...

... Manufacturers & Distributors Oil or Ga...

... needed to retain those relationships. Second, insurance company decision makers are disengaged from customers and their needs. The closest they come is through sterile research that analyzes internal company data and actuarial models. Unfortunately, this information lacks nuance, doesn't view the customer as a human being, and only provides data on past activities — ignoring what would happen if customers were treated differently. Because no carrier or distributor has enough information on its customers to cultivate profitable relationships with them, it's all too easy to ignore their demands for quality service. This deadly two-step means that we're missing profitable opportunities with existing customers and new prospects, using rate increases as a blunt instrument to correct poor financial results, and treating customers disrespectfully. We've inadvertently created a process that disappoints and alienates customers faster and more efficiently. ... insured with Traditional Brokerage for more than 20 years. All of their Personal insurance has been with ABC Insurance Co. for the past 15 years. They own a million-dollar home, a cottage, and three cars. They also have these investments with Emerging Brokerage: $400,000 in RRSPs, $50,000 in stocks, $2 million in Life insurance, as well as Professional Liability and Income protection. Andy's father and brother co-own a successful contracting firm and also have their Personal and Commercial insurance with Traditional Brokerage. Mary and Andy had a water damage claim three years ago when the sewers in their neighborhood backed up, flooding their basement (this and one small Auto fender bender 20 years ago have been the only claims) . They were very impressed with how professionally and ...

... UST's/AST's • "Wet" Endorsements: "In Rem," Gulf of Mexico, & Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, Rock, & Gravel Mining Engineers and Consultants Equipment Rentals/Sales Exploration & Production Hazmat Transportation Lease Operators of Wells Lease Work Construction & Roustabout Operations Manufacturers & Distributors Oil or Gas Well Instrument Logging Oil or Gas Well Perforating Oil/Gas Rig or Derrick Erecting or Dismantling Onshore Engineering/ Construction Pipeline Construction/Dealers Power Generation Pumpjack Repair/Servicing Site Preparation Underground Resources/ Equipment Utility Companies Welders, Pumpers, and Tenders Well Drillers/Servicing Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join ... there is a wide margin for errors. Each individual contractor as well as the company in its entirety needs to be protected from such inevitable risks. Our key opportunities lie within the service equipment arena and the existing oil lease properties. This emerging industry is a great prospect for insurance agents to expand their current book of business and clientele. USG offers coverages specialized for this industry including: • General Liability • Property • Auto • Contractors' Equipment • Inland Marine • Ocean Marine • Pollution/ Environmental • UST's/AST's • "Wet" Endorsements: "In Rem," Gulf of Mexico, & Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, Rock, & Gravel Mining Engineers and Consultants Equipment ...