Berkley Technology Underwriters (a Berkley Company)’s Post

Swiss Re's chief casualty underwriter, Laure Forgeron, discusses the biggest challenges facing the casualty industry today. Watch the full interview here: https://bit.ly/40fJobq In partnership with Swiss Re #BadenBaden #InsiderBaden2023

Heritage Property & Casualty Fined Only One Million Dollars for Serious Detrimental Claims Processing Violations, including but not Limited to Using Unlicensed Adjusters........... but it's not even an Interest Payment on the $52 Million Citizens Insurance and the State of Florida FUNDED Heritage with Previously.... in addition to another $25 million to take St John's policies WITH PREMIUMS. So WE, The people of Florida gifted this carrier with $77 million dollars to take over policies and premiums all other carriers do on a regular basis without any bonuses incentive.... and we are supposed to get happy when News Reports Regulators did their job and fined Heritage $1 million for claims processing violations? non payment and underpayment of claims? Heritages net gain is $76 million. Regulators just took back $1million Heritage was never entitled to in the first place. Penalty of Fine nothing more than theatrics...a farce reflecting the chaotic and dysfunctional State Insurance Regulators agend.

“We value and nurture our relationship with clients, brokers and coverholders to ensure that we all share in our mutual success.” Why Brit Global Specialty? Because we take a leading role in the @Lloyd's market while creating and maintaining a strong sense of trust with our stakeholders.   Watch the clip below to learn more from Janet Henderson, James Winn, Matthew Wood, Andy Bowers and Simon Bird ⬇   Or watch the full video on our website to hear from our CEO Martin Thompson, as well as Joy Ferneyhough, Jon Sullivan, russell kennedy, Jonathan Mudd, John King and Marie Hill: https://bit.ly/3MHVXqu   #BritInsurance #SpecialtyInsurance

Nicole Campbell AFSB and I did not really know whether to think this was a significant achievement or how to really feel about being #29 but we are definitely ok with it! My old ego would not feel much pride and set a goal to be number one, but we are completely okay just doing what we need to do to help contractors and agents get surety bonds no matter where we fall in the rankings. We have a great team beside us and have some costly lessons learned behind us to help carry us forward. While we aren't setting infinite growth model goals to be #1, we are definitely setting up for growth over the next couple of years. We are excited to say Parrot's retail side is just getting traction in federal contracting and targeting our assistance toward new/emerging and large prime SDVOSB's. We are hiring in the next few months for someone to help expand our presence in this sector and have built partnerships for SBA Bonding; Funds Administration; Cash Flow/Working Capital Lending; and discounted bookkeeping, accounting, and fractional CFO services for our clients to boost their bondability early on. (Let me know if you know anybody that might be a good fit for our remote position geographically located in the DMV, North Florida, Dayton to Huntsville, San Antonio, San Diego areas with a military tie and business degree or insurance/surety experience.) A big boost to our growth in 2023 happened as we began managing an underwriting program for David Campbell who is writing standard and nonstandard bonds up to $3MM on A-Rated paper with significant appetite for long tail, reclamation, closure / post-closure, subdivision, right-of-way, and principals without appropriate levels of financial preparation but with appropriate net worth to bond size. Many corporate policies and reinsurance treaties block the ability for standard carriers to write these types of bonds and bring Parrot the capability to address the full width of the surety market for our agents and brokers we work with. We are also hiring an experienced surety/insurance professional later this year to drive more agency relationships. Let us know if you know a high performer in the surety/insurance world that is looking for a new position and might be a good fit for our remote team!

"Integrity is the essence of everything successful." —R. Buckminster Fuller 🏡 #mondaymotivation #realestatelife First American Title Arkansas https://lnkd.in/e3SnPjgn #FirstAmericanTitle #FirstAmericanAgency #FirstAm #titleinsurance #titleagency #ARtitle #ARRealEstate #ARRealEstateServices #ARtitleinsurance

“A challenging but rewarding experience equipping me with confidence, knowledge and competence”, is how Cyrill France Badong, RN, Cert. CII Wellbeing Manager at Lockton, explains her Cert CII qualification attainment. She explains: “The Cert CII has definitely improved my understanding of insurance principles and practices, and this has enabled me to demonstrate my expertise, both within my organization and to our clients.”

COMMENT: Bruce or John: who will exit Lloyd’s first? Learn more👇 https://lnkd.in/gKyAv-ay Lloyd’s CEO John Neal has had many successes at Lloyd’s but also has his critics. There is a growing sense at Lime Street that he may be closer to deciding it’s time to go… #LondonMarket #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

Today marks an exciting milestone in our 25-year history, as we can announce that we are now part of the Pen Underwriting family – a multi-class, multi-territory MGA serving the broker community. While we provide Pen with its first on-the-ground presence in Ireland and complementary specialisms in the transportation and haulage sector, it brings us huge opportunity to further expand our nationwide product offerings. Acknowledging the “exceptional team” which has enabled us to grow into an MGA of such scale, quality and national reach, David Crean said: “It seems fitting that as we turn 25 years old, a new chapter in our growth story begins and with a partner we share common values and principles with. Just as we do, Pen knows the importance of having a broker-centric approach to service, with underwriters keen to trade, access to decision-makers and first-class claims solution. We are delighted to become part of Pen to build an even better business together.” Read the full story here: https://lnkd.in/eP6kbPZ4 #HaulageInsurance #RiskManagement #PowerofPen #StrategicGrowth #UnderwritingExpertise 

Exciting Times ahead

The Aviva Conference is always a brilliant day and our 2024 Conference was just that! It's always great catching up with our Brokers and listening to their insights, and help us understand what's going great, and how we can work better together to grow into the future together. Certainly exciting times ahead! #aviva #brokerconfernce2024 #insurance #partnership #workingtogether