Venture Insurance Programs’ Post

Did you know: The average cost of a fire claim for commercial buildings and blocks of flats is approximately £65,000. What do you do in the event of a fire claim? Oscar Camilleri, Claims Handler at Albanwise Insurance Services shares his guidance and recommended steps. Read the #blogpost here: https://lnkd.in/eic45t5N 📷 For representation purposes only #Blog #AlbanwiseInsurance #PropertyInsurance #Insurance Simon Millar #FireClaims #Blogpost #LinkedInBlog

It was great to reconnect and to discuss relevant industry issues such as our latest Excess Casualty analysis, past loss trends and the results of a recent survey on legal system abuse. We look forward to seeing you again. #reinsurance #insurance

“You can’t pick and choose”: A useful restatement that third parties suing an insured’s insurers direct are as much bound by the terms of the insurance contract as the insured Simon Rainey KC, Natalie Moore and Joseph Gourgey have acted for the successful Claimant in a final anti-suit injunction and declaratory relief claim. The case - The London Steam-Ship Owners’ Mutual Insurance Association Ltd v Trico Maritime & Others - considers whether a claimant, wishing to bring proceedings against an indemnity insurer abroad on the basis of the actions of its insured, will be bound by the terms of the underlying insurance contract, even though they are not a party to it. Simon, Natalie and Joseph acted for the successful Claimant, instructed by Alistair Johnston, Maria Borg Barthet and Richard Guy of Campbell Johnston Clark (CJC). Find out more about the background to the case and the judgment in our latest article (link in first comment below). #insurance #insurancecontract #insuranceterms #injunction #barristerschambers

Whenever your client's #club hires a contractor/vendor or permits third-party events on-site, well-drafted contracts are essential! Without a clear contract outlining responsibilities and ensuring proper insurance coverage, your client's club may assume liability for any resulting losses. The following example illustrates how an effective contract could help protect their club. 🔗 Discover why agents and brokers trust America's leading club insurance program to better protect their clients: https://bit.ly/46YcIFa #insurance #privateclub #riskmanagement

Harleysville Ins. Co. v. United Fire Protection, Inc.: The First Department found it “premature” to determine whether insurer had a duty to indemnify an additional insured because the court in the underlying action had yet to determine “whether the plaintiff’s injury was ‘caused, in whole or in part, by’ the acts or omissions of the named insured or those acting on its behalf.” A court in a coverage action can only resolve the underlying causation issue after the underlying action terminates. New York is a commercial and insurance hub, and the decisions of its appellate courts shape the national and global insurance industry. We created NYAIR to stay abreast of breaking developments on complex insurance disputes and to share that information with our industry-leading clients and colleagues. Check it out here: https://lnkd.in/ePk33bvW #insurance #reinsurance #nyappellateinsurancereport #nyinsurancedecision #nyinsurancedecisions

National Association of Mutual Insurance Companies (NAMIC) Claims Conference has commenced! If you’re here, stop by our NEFCO Fire Investigations booth to say hi and grab a hot sauce. #insurance #insuranceindustry #propertyclaims #fireinvestigation

Title insurance is essential to protect your property from potential claims, minimizing the variable risk of losing time and money, and in serious cases, the property itself. 🏠🔒 Safeguard your home with Howard Goren, Esquire, at 410-371-9154 or howard@resetitle.com. . . #escrow #realestateattorney #attorneystate #titleinsurance #realestatelaw #marylandrealestate #realestateclosing #propertyprotection #propertyclaims

Businesses face various unpredictable risks that can lead to potential losses. Our Commercial Insurance is designed to safeguard your enterprise from these uncertainties. From theft and liability claims to property damage, it covers you in the event of an interruption to business operations or injured employees. Secure your business's future with our comprehensive coverage. www.multirisk.net #insurance #specialisedinsurance #commercialinsurance #domesticinsurance #topinsurancecompanies #shortterminsurance

Curious about protecting your vehicle in case of an accident that's not your fault? Enter Direct Compensation Property Damage (DCPD) Coverage!  This coverage ensures your vehicle is protected against damages specifically when you're not at fault. DCPD has you covered comprehensively.  Stop wondering, start securing your peace of mind on the road. Discover the benefits of DCPD with us! #OntarioWestInsuranceBrokers #BillBlaneyInsuranceBrokers #Insurance #InsuranceBrokers #AutoInsurance #CarInsurance #CarAccident #InsuranceCoverage #Dorchester #LdnOnt #NorfolkCounty #SimcoeOntario #SouthwesternOntario