Gallagher’s Post

The 8 KEY ADVANTAGES of portfolio insurance By Andy Lees and Tony Gimple of Risk Group UK   “All for one, and one for all”, wrote Alexandre Dumas in the Three Musketeers; and the same can be said of opting for one portfolio insurance policy to cover all your properties rather than insuring each individually.   Unlike most other insurers, who typically require a minimum of five properties to qualify for a portfolio policy, Risk Group UK & Landlords Choice offers portfolio cover starting with only two properties.   Moreover, whether you own residential BTLs, commercials, HMOs, previously underpinned, non-standard or a combination of all, Risk Group can seamlessly incorporate them into one single comprehensive policy with a common renewal date.   One portfolio wide policy gives you 8 KEY ADVANTAGES when compared to separate standalone policies. Click the link the read the full article.

The 8 KEY ADVANTAGES of portfolio insurance By Andy Lees and Tony Gimple of Risk Group UK “All for one, and one for all”, wrote Alexandre Dumas in the Three Musketeers; and the same can be said of opting for one portfolio insurance policy to cover all your properties rather than insuring each individually. Unlike most other insurers, who typically require a minimum of five properties to qualify for a portfolio policy, Risk Group UK & Landlords Choice offers portfolio cover starting with only two properties. Moreover, whether you own residential BTLs, commercials, HMOs, previously underpinned, non-standard or a combination of all, Risk Group can seamlessly incorporate them into one single comprehensive policy with a common renewal date. One portfolio wide policy gives you 8 KEY ADVANTAGES when compared to separate standalone policies. Click the link the read the full article.

Thanks to Brian P. Sullivan, Sr., Pat Sullivan and the rest of the Risk Information Inc. team for a fantastic conference! As the shifting climate results in higher temperatures, record rainfalls and more frequent severe convective storms, the property insurance industry is in the midst of a critical juncture. When we add the impact of inflation on spiraling repair costs to this cocktail it becomes clear that policyholders will rely on their carrier more than ever before in 2024. Our research, however uncovered minimal exemplary communication strategies from insurance carriers as our panelists approached their renewal dates throughout 2023. It is critical that insurers anticipate policyholder frustration and provide adequate context around policy rate increases. #propertyinsurance #customerexperience #rateincrease

On this #followFriday, we recommend this post by Corporate Insight employee and SIR Board member Justin Suter in which he shares his takeaways from the 2023 Property Insurance Report National Conference. Take a look at the post: https://lnkd.in/dyne3Hd7 Connect. Learn. Grow. Join SIR! #SIR54 #societyofinsuranceresearch #insuranceresearch #SIRAC54 #propertyinsurance Jose Miguel Santana Lauren Roncevic Joe Rice

The South Florida property insurance market is showing signs of stabilization. In a recent discussion with Risk & Insurance, I outlined the anticipated changes in the market. Click here to read the full article: https://lnkd.in/ehmgVbYE

The 8 KEY ADVANTAGES of portfolio insurance By Andy Lees and Tony Gimple of Risk Group UK “All for one, and one for all”, wrote Alexandre Dumas in the Three Musketeers; and the same can be said of opting for one portfolio insurance policy to cover all your properties rather than insuring each individually. Unlike most other insurers, who typically require a minimum of five properties to qualify for a portfolio policy, Risk Group UK & Landlords Choice offers portfolio cover starting with only two properties. Moreover, whether you own residential BTLs, commercials, HMOs, previously underpinned, non-standard or a combination of all, Risk Group can seamlessly incorporate them into one single comprehensive policy with a common renewal date. One portfolio wide policy gives you 8 KEY ADVANTAGES when compared to separate standalone policies. Click the link the read the full article.

Terrific takeaways from the 2023 Risk Information Inc. conference! We should all ‘sweat the small stuff’ and prevent avoidable losses. #healthyhome #artificialintelligence #homeinsurance #lossprevention

We're proud to see Derek Schiavone President of SUIS - Specialty Underwriting Insurance Solutions, featured in the latest edition of E&S Insurer from The Insurer. Derek provides valuable insights on the current challenges and market conditions in the E&S casualty sector, especially within the real estate industry. In the article, Derek discusses the significant impact of escalating costs and limited availability of insurance, particularly for real estate owners facing the highest interest rates in two decades. He highlights the proactive steps his team is taking to offer coverage solutions, even as capacity influxes in the E&S market fall short of meeting buyer needs. Derek expressed insureds’ concerns about the escalating costs and limited availability of insurance in certain casualty sectors, particularly real estate. “Our insureds, who are primarily real estate owners, are currently experiencing the highest interest rates the US has seen in two decades,” he stated. He noted that while SUIS has been proactive in offering coverage solutions within the working layers of placements, with their programs taking on some risk, the influx of capacity into the E&S market isn't adequately addressing the needs of many buyers. “Many are opting to underwrite the easier, moderate risks, attaching at higher excess layers. While this might be a sound business strategy, it fails to resolve the pressing issues facing those in dire need of insurance coverage," he explained. "They're adding capital and capacity, but not adding real value.” Read the full article to learn more about the evolving E&S casualty landscape: https://lnkd.in/grrkF2Wp David Bull I James Thaler #InsuranceInsights #EandSInsurance #SpecialtyUnderwriting #MarketTrends #InsuranceLeadership #RealEstateInsurance #SpecialtyProgramGroup

Big moves, bigger impact. 🚀 At Liberty, growth isn't just about adding numbers—it's about bringing in the right talent to drive innovation and deliver tailored solutions. That’s why we’re excited to see Insurance Business America spotlight our latest hires, Adam Arsalan Azamey and Pierce Dyer, CISR. 🎉 With expertise in industries such as industrial manufacturing and agriculture, these new team members are already making waves and helping us provide customized insurance solutions that businesses can rely on. And we’re just getting started! Want to see how these hires are shaping Liberty's future?  👉 Check out the full feature in Insurance Business America: https://lnkd.in/gHbpYwWY Interested in learning more about our tailored solutions? Contact us today: https://lnkd.in/gRygHkVN  #LibertyCompany #InsuranceBusinessAmerica #NewHires #RiskManagement #TailoredSolutions #BusinessGrowth 

Great article and important subject.