Tailoring coverage for high net worth (HNW) clients requires an incredibly comprehensive approach as their risk profiles are often considerable and they’re constantly evolving. From purchasing luxury cars to multiple mansions, these wealthy clients heavily rely on agents to provide the protection they need. Madelyn Mauk, private risk advisor at Holmes Murphy, spoke to Insurance…
Brokers handling clients in the sports realm have been shaken up over the past two years thanks to the impact of COVID-19 – but business is making a comeback as athletes hit the fields, courts, and rinks again. Marc Blumencranz, managing director of sports and entertainment at NFP, has a long history working with the…
Leveraging the right data is a critical aspect for the future of broker-carrier and client relationships – but to do that, insurers will need to address a significant talent gap. Paul Smith, senior VP of carrier relations at Burns and Wilcox, told Insurance Business how certain carriers are on better terms with data than others.…
As businesses across the globe try to recover from the COVID-19 pandemic, have brokers been able to meet their clients’ coverage needs? Dave Chmiel (pictured), national director of claims for North America at Hub International stepped into the role a month before the pandemic and told Insurance Business about how lockdowns and restrictions have impacted…
Technology is undoubtably shifting the landscape of the property market across both commercial and personal lines, and, according to Chris Murphy, VP of enterprise loss control and property and casualty at Holmes Murphy, the impact has been generally positive. Murphy has assessed technology in the property world over the last five years and has noticed…
Recent coverage of two CEOs’ very different responses on how they’re handling returning to work is a perfect example of the difference between leadership and effective leadership, said Judy-Ann Chung (pictured), confidence/leadership coach at Coaching YOU Upward. Morgan Stanley’s CEO had a heavy hand on the subject. “If you can go to a restaurant in…
The Liberty Company Insurance Brokers recently solidified a partnership with the Budde Agency. With offices in Pennsylvania, California and New Jersey, the brokerage is now expanding its business into Amityville, New York. Founded in 1936, the Budde Agency has a long-established presence in Long Island and is led by Richard Budde and Daniel Waldeck. Budde…
With supply and demand fluctuating, several segments of the transportation industry have shifted gears over the last year – with brokers and carriers needing to move quickly to accommodate their clients’ needs. “Different segments of the transportation industry either thrived or deteriorated from the standpoint of the type of transportation industry you’re in,” Mark Gallagher…
Sharon Edwards (pictured) transitioned from COO to CFO of Risk Strategies this January, helping the brokerage adapt to the rapid growth experienced over the last year. “As a COO you really get into the nuts and bolts about how the company runs, the people the processes and the technology. You’re really able to use that…
Burns & Wilcox Brokerage recently announced its expansion within the Northeast market. With offices in San Francisco, LA, Dallas, Atlanta, Chicago, Arizona, and New York, the firm has opened a new office in Boston. Read more: Burns & Wilcox Brokerage expands Northeast footprint Five brokers have been welcomed to the team; Ryan Ascenzo and Alex…