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Commercial

Lights, camera, insurance: Feature film coverage

The global film industry is projecting healthy gains with forecasts set to increase from $38 billion in 2016 to more than $50 billion by 20201. One thing that many do not realize is that insurance is needed before any filmmaker can say ‘Lights, camera, action.’ This continues beyond box office movies and is the case with commercials, music videos, and television programs as well. Knowing exactly which coverage is needed based on varying...

Personal

5 Industry Insights: 2018 to be strong year for Recreational Marine Insurance

Destruction in Texas and Florida from Hurricanes Harvey and Irma reached $200 billion1, with damage estimates to recreational boats topping $655 million as a result2. Despite this, boat sales are slated to rise another 5 to 6 percent, adding to the already 12 million recreational boats currently in use in the United States3,4. To shed light on Recreational Marine Insurance for brokers and agents, Insurance Market Source caught up with Bill...

Professional

Kidnap & Ransom Insurance: Protecting Your Clients

Kidnapping is a severe and historic issue in countless countries across the world.1 Approximately 800,000 people in the United States2 and 100,000 people in Mexico3 go missing annually. With so many people across the world at a high and continuously growing risk, Kidnap and Ransom insurance policies have become more important than ever. Kidnap and Ransom policies protect against financial losses that arise when an insured is threatened...

Transportation

Navigating Dealer’s Open Lot Insurance with Clients

With more than 45,000 used car dealerships in the U.S., more than 40 million used vehicles are sold each year.1 To protect the vehicle inventory, Dealer’s Open Lot insurance provides coverage for physical damage to a dealer’s vehicles and equipment. Car dealerships can vary from lot to lot, and are unique businesses that require tailored coverage for the specific risks they face. Protection extends beyond cars sitting on a...