Asset managers and depository institutions have a wide variety of organizational structures and a myriad of exposures, making it challenging for independent agents to design coverage plans that effectively address their evolving risks. Often, the best approach is to work with a few insurers that offer broader, more flexible coverage options, streamlining the approach for the agent and the customer.
With construction costs on the rise, and the quality and convenience of modular construction improving, contractors are likely to turn to it as a viable and profitable option. This article illustrates the risks involved, and how independent insurance agents are poised to protect against those risks.
Commercial insurance premiums are influenced by broad market trends that impact all customers. Companies of all size, in all industries, in all regions are seeing rates increase. We’re providing insights on what’s driving the hard market.