https://completemarkets.com/Article/article-post/1629/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-1-OF-4/
...handle claims, details on use of personal autos, how to report values, what to...
https://completemarkets.com/Article/article-post/238/The-Hard-Market-An-E-O-Perspective/
...ulnerability
Standard vs. Excess and Surplus Lines Markets
Exp...ild a case against you.
STANDARD VS. EXCESS AND SURPLUS LINES MARKETS
Keep in ...
https://completemarkets.com/Article/article-post/229/Agency-Risk-Management-Of-Soft-Market-Hard-Market-Exposures/
... they write and under what terms. Excess & Surplus Lines (E&S) carrier...al Liability policy with an Umbrella/Excess Liability policy.
You need to be a...
https://completemarkets.com/Article/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
...ey are called 'Surplus Lines' or 'Excess Lines' carriers and sell through Surp...
https://completemarkets.com/Article/article-post/2129/Where-Are-Your-Accounts-Located/
... be time consuming, review every Personal and Commercial account thoroughly. Y...
https://completemarkets.com/Article/article-post/2682/5-Biggest-Financial-Obstacles-for-a-Small-Business-And-How-to-Overcome-Them/
...sses are often based on a mix of personal savings, family loans, and a wide ra...s, drops in interest, and external catastrophes such as earthquakes that canno...
https://completemarkets.com/Article/article-post/1669/FINANCIAL-INSURANCE/
...s an aggregate liability limit in excess of expected loss levels. The aggregat...
https://completemarkets.com/Article/article-post/1750/ALTERNATIVE-RISK-FINANCING-SIZE-DOESN%E2%80%99T-MATTER/
...es. These methods include: Excess insurance Reinsurance Guara...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1684/AGENCY-BROKER-PROFILING/
... next item question deals with the agency's mix of business by line of insurance, and is expressed as a percentage of the total written premium. This is significant because the mix tells a lot about the agency and the type of business you write. For example, Personal Auto insurance constituted about 38.0% of the total premium written in the United States in 1992, and for at least the 12 previous years, it produced no underwriting profit. The underwriting loss from Personal Auto over the last 12 years was in excess of $ ... billion. (Underwriting loss in 1992 alone exceeded $2.6 billion.) Obviously, if you have a Personal Auto mix of business higher than about 38% of the total written, be prepared to explain in detail and demonstrate the profitability of this book. Even that may not be enough, since many carriers have dramatically reduced their Personal Lines writings or gotten out of them entirely. Even Homeowners, which represents about 9% of total written premium in the United States, had only one underwriting profit year in the past 12 ... , producing a 12-year total underwriting loss of more than $26 billion. Major catastrophes, such as Hurricanes Andrew, Iniki, and Hugo, have had a dramatic effect on this line of business. If your agency is heavily into Personal Lines, you need to take special pains to explain how you operate and control your book of business. One strategy you might want to consider is to seek an appointment for Commercial Lines only and then develop the relationship with the carrier with the hope of eventually getting a Personal Lines appointment. ...
https://completemarkets.com/Article/article-post/2800/Best-Insurance-Plans-That-Protect-Large-Scale-Contractor-Operations/
...t partners nationwide; known for personal service model, "Keeping insurance hu... independent agents who provide the personal-service model EMC calls "Keeping ...