Online quoting tools have sped up small-business workflows, but mid-sized commercial accounts still face outdated processes and manual bottlenecks. In Florida’s high-risk market, even routine tasks like retrieving loss runs or explaining exclusions can carry serious liability. As carriers lean further into automation, Iten warns, brokers are often left to manage the consequences.
One notable example of depopulation driving insurer growth is Slide Insurance Co., which expanded its book of residential policies from 209,799 at the end of 2023 to over 341,000 by the close of 2024. Similarly, American Integrity Insurance Co., another active participant in the program, saw its policy count jump to nearly 340,000 in the…
The case began after Hurricane Irma struck in 2017, damaging multiple buildings at the Golf Villas II condominium complex, managed by the Condominium Association of Golf Villas II, Inc. The association submitted a property damage claim to its insurer, American Capital Assurance Corporation. But before the claim could be fully resolved, American Capital became insolvent…
Truss Peak specializes in reinsurance and acquisitions within the life insurance sector. The firm provides services such as asset management, operations, actuarial consulting, sales, and accounting to companies undergoing structural transitions. It is backed by South Summit Capital Management LLC, a private capital single-family office, and Thayer Street Partners, a New York-based investment firm. Source…
Running a business comes with risk—and business insurance is one of the best ways to protect everything you’ve built. But when it comes to budgeting for coverage, many owners find themselves asking the same question: How much does business insurance cost? The answer? It depends. From the size of your business to the safety measures…
The A&E liability space in the U.S. is served by a mix of major national carriers, managing general agents, and specialty insurers. Many providers offer tailored programs for firms of various sizes, often incorporating risk management resources and loss prevention services. Market demand for this coverage remains steady, driven by ongoing activity in commercial construction,…
