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Privacy and Network Security Coverage

Insurance Market Source regularly taps into its network of experts for insight into key trends and developments across the insurance landscape. Ken LaBelle, Broker, Burns & Wilcox within the Professional Liability Center of Excellence, breaks down the ins and outs of privacy and network security insurance. Q: Who needs privacy and network security coverage? A:…

Ask the Expert: High-Net-Worth Insurance

Insurance Market Source regularly taps into its network of experts for insight into key trends and developments across the insurance landscape. Bill Gatewood, Corporate Vice President and Director, Personal Insurance at Burns & Wilcox, breaks down the ins and outs of high-net-worth insurance. Q: What do high-net-worth insurance policies cover? A: High-net-worth insurance policies provide specialized…

Avoid This Business Interruption Insurance Trap

Avoid This Business Interruption Trap

Beware. Business Interruption insurance can give clients a false sense of security. In the perfect world, one standard policy would cover all companies. The reality is, multi-layered companies (e.g. a manufacturing facility) have more exposures than a single mom-and-pop store. Simply put, a business that has more to lose financially needs more coverage for its…

A Tale of Two Markets, professional liability

A Tale of Two Markets

Burning questions about the professional liability and environmental segments, answered by four industry insiders. Q. How do you best serve professional insureds and agents during the claims process? Emmanuel E. Manuelidis, Esq., claims and litigation director, Atain Insurance Companies, responds: We offer excellent client service combined with a streamlined and personalized claims service. We work…

Environmental Risk, Coverage, and Pollution Insurance

Q. What should brokers and agents know about environmental risk? Gina Jones, director of environmental programs, Burns & Wilcox responds: Nearly every client has an environmental risk and most insureds are unaware their environmental exposures may have no coverage. For example, a drilling contractor does not seem to present an environmental risk until it hits…

Collect and Protect

Collect & Protect

Flexibility the hallmark of new collection coverage from U.K. provider Whether they’re handling stamps, music memorabilia, fine art or some other type of valuable collection, individual collectors, museums, dealers and auction houses have one thing in common: a deep appreciation and respect for whatever items they handle. As unique and irreplaceable as a collection and…

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How Does a CGL Policy Work?

Commercial liability policies provide coverage for the named insured and may extend to certain others, such as employees of the named insured. The policy coverage may also include additional insured(s), as specified in the policy through endorsement(s). The purpose of a commercial liability policy is to provide coverage for the possibility of the named insured…

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