Ask the Expert

Ask the Expert: High-Value Homeowners Insurance

More than 2 million homes in the United States are worth more than $1,000,000, and that number has doubled in four years’ time1. As the affluent market rebounds from a record setting catastrophe year in 2017, it is more important than ever to discuss the “state of the market” with your clients. High-Value Homeowners Insurance…

The Rise in Mobile Apps & Need for Tech E&O Insurance

Technology firms are beginning to silently carry the small business sector as 62 percent of small businesses already have, or are in the process of building, a mobile application to support their business. Of those businesses, 30 percent have revenue generating mobile applications or apps.1  With approximately two-thirds of the country’s small businesses depending on…

Ask the Expert: Recreation and Leisure Coverage

Nearly 18 million people annually use commercial zip lines. Thirty million people ride horses. And the number of trampoline parks has risen from 25 to more than 350 parks in a four-year time span. The U.S. recreation industry continues to experience rapid growth. However, with more thrill-seeking experiences comes more risk. For example, trampoline park…

A Deeper Understanding of Environmental Storage Tanks

Insurance Market Source regularly taps into its network of experts for insight into key trends across the insurance landscape. Kim McGinty, Underwriting Manager, Environmental Center of Excellence, Burns & Wilcox, shares her thoughts on the intricacies and benefits of Environmental Storage Tank Liability insurance.   Q: What does Storage Tank Liability insurance cover? A: Storage Tank…

Ask the Expert: Architects and Engineers E&O Coverage Gaps

Insurance Market Source regularly taps into its network of experts for insight into key trends across the insurance landscape. Christopher Stephens, Senior Underwriter, Professional Liability Centre of Excellence, Burns & Wilcox Canada and Nicole Greene, Director of Brokerage, Professional and Executive Liability Center of Excellence, Burns & Wilcox, share their insight on Architects and Engineers…

Directors & Officers Insurance in the Nonprofit Sector

Insurance Market Source regularly taps into its network of experts for insight into key trends across the insurance landscape. Dario Nalli, Director, Executive Lines, Burns & Wilcox, shares his insight on Directors & Officers (D&O) insurance. Q: Why is a Directors and Officers (D&O) policy needed at the nonprofit level? Dario Nalli (DN): D&O, in…

Prepping Restaurant and Bar Clients for New or Renewed Coverage

There are more than 700,000 restaurants throughout the United States and Canada.1,2 This growing segment represents significant opportunity for brokers and agents to further develop their book of business. However, insuring a restaurant that is safe and best positioned for attaining or renewing a policy can be more difficult than some may expect. Inspections are…

Ask the Expert: Shedding Light on Architects and Engineers E&O Insurance

Insurance Market Source regularly taps into its network of experts for insight into key trends across the insurance landscape. Nicole Greene, Director of Brokerage, Professional and Executive Liability Center of Excellence, Burns & Wilcox, shares her insight on Architects and Engineers Errors & Omissions (E&O) insurance.   Q: Define Architects and Engineers E&O and the key…

Ask the Experts: Trends and Insights on Hard-to-Place Homeowner’s Insurance

Insurance Market Source regularly taps into its network of experts for insight into key trends across the insurance landscape. In this feature, Bill Gatewood, Corporate Vice President and Director, Personal Insurance, Burns & Wilcox, and Donna Dodd, Vice President, Personal Insurance, Burns & Wilcox, provide their insight on insuring hard-to-place homes in the specialty lines…

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:…