My “why” in business life: To re-define the role and art of wholesale broking in professional liability.
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August is Environmental Month – send in business – get extra commission!
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Tomorrow’s Knowledge Knugget will address the difference between mortgage brokers and mortgage bankers both in exposure and in coverage availability. Mortgage bankers being incorrectly — or inadequately — insured as mortgage brokers is not uncommon. But even more common are carriers saying they’ll write “mortgage brokers/bankers” when in fact they will only write the mortgage [...]
100,000 kidnappings are believed to occur worldwide on an annual basis — and that does not include child custody battles or other child-related incidents. Yet many insureds omit coverage for this important risk from their insurance portfolio. It is easier to get and less expensive than most would assume.
Agents are often befuddled when a professional liability carrier refuses to provide an additional insured endorsement or excess limits appear to be too expensive.
Continue reading about Quirks in the PL World – 1/7/10 Knowledge Knugget
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