Risk Channels Insurance Podcast

Discussion focused on small business's - How and why they are often inadequatley insured and what we need to do to change this trend. 

Over the past few years, the importance of digital transformation has surged throughout the insurance industry.  

- Utilizing Technology to engage prospects and servicing clients

Discussion on Directors and Officers liability and why privately held companies should consider purchasing the coverage.  

Tips for insurance agents and brokers on how to utilize technology to their advantage to differentiate your business. 

- Leveraging Technology to both grown and maintain (from engaging prospects to servicing clients)

Discussion on cyber liability and the corresponding development, impact and challenges for carriers and insureds. 

Big Question: How do insured's determine the risks and limits they need, when carriers are still attempting to understand exposures and pricing models. 

- First party vs. Third Party Coverage Examples and exclusions 

Carriers Mentioned: AIG, XL Catlin, Chubb, Travelers, Beazley, CNA, Liberty Mutual, BCS Insurance, Axis, Allied World, Starr International & Markel

- Market Size Space and risk modeling (data, comparisons and more) and various unknowns due to infancy 

Discussion on hurdles facing today’s insurance carriers, insureds and agents / brokers. This episode will focus primarily on underwriting construction risks in the tri-state.

- Underwriting Hurdles ranging from portfolio diversity and returns to risk tolerance and and exposures. For example NY Labor Laws and the offseting of exposures via Facultative insurance (reinsurance) and pricing.