Paul VanderMarck’s Post

Beazley CUO: Businesses Have Increased Appetite for Insurance to Help Manage Climate Risk Businesses are increasingly interested not just in property catastrophe insurance, but also parametric solutions and directors & officers to help cover claims related to climate change, said Bob Quane, chief underwriting officer, Beazley. http://spr.ly/6044cJ3ji #InsuranceInsidernews #insurance #reinsurance #InsiderOnAir

Check out our CUO, Bob Quane, in this interview with Meg Green from Insurance Insider. Hear how businesses are turning to insurance not just for property catastrophe cover but also for innovative solutions like parametric insurance and D&O to manage crime and climate risks. #Insurance #RiskManagement #Beazley Beazley https://ow.ly/fABp50SJQki .

Where else can you find a discussion about convective storms and a parametric approach to reinsurance? William Clark shared some time and broke down his knowledge for us in this 13 Question & Answer piece. Risk & Insurance. The Demex Group Love this stuff. #parametric #reinsurance #convectivestorms #calculationagent #demexgroup

🏝️ The property insurance marketplace is under significant strain, particularly for those owning coastal properties. The insurance sector misjudged the frequency and severity of major catastrophes, leading to substantial losses. Insurers and reinsurers are now grappling with these challenges, making it increasingly difficult for property owners to secure affordable coverage. Dive into the reasons behind this pain in the market and what it means for your risk management strategy. This is just the tip of the iceberg. For a full exploration of the property insurance landscape and smart solutions like captives, check out our complete video. Link below! https://lnkd.in/guxSdx6p #Insurance #CoastalRisk #PropertyManagement #InsuranceTrends

🏝️ The property insurance marketplace is under significant strain, particularly for those owning coastal properties. The insurance sector misjudged the frequency and severity of major catastrophes, leading to substantial losses. Insurers and reinsurers are now grappling with these challenges, making it increasingly difficult for property owners to secure affordable coverage. Dive into the reasons behind this pain in the market and what it means for your risk management strategy. This is just the tip of the iceberg. For a full exploration of the property insurance landscape and smart solutions like captives, check out our complete video. Link below! https://lnkd.in/g8Yq5h-M #Insurance #CoastalRisk #PropertyManagement #InsuranceTrends

⚠️ ARE YOU CARRYING YOUR SUBCONTRACTORS' RISK? Insurance carriers, TPAs, property managers, and franchisors all push their risks onto you. Restoration contractors do a poor job of not pushing these risks down to their subcontractors, where they end up taking it on themselves. Learn tools from Ross Driscoll Jr. with Driscoll & Driscoll Insurance Agency and National E&S Insurance Brokers that you can implement in your business immediately as it relates to Subcontractor Agreements and Additional Insureds. Learn about our Business Planning Retreat: https://bit.ly/48GCRKX #ViolandPlanning #BusinessPlanning #RiskManagement

🏝️ The property insurance marketplace is under significant strain, particularly for those owning coastal properties. The insurance sector misjudged the frequency and severity of major catastrophes, leading to substantial losses. Insurers and reinsurers are now grappling with these challenges, making it increasingly difficult for property owners to secure affordable coverage. Dive into the reasons behind this pain in the market and what it means for your risk management strategy. This is just the tip of the iceberg. For a full exploration of the property insurance landscape and smart solutions like captives, check out our complete video. Link below! https://lnkd.in/gxXuMnF5 #Insurance #CoastalRisk #PropertyManagement #InsuranceTrends

Fun Fact Friday! 😎 Nearly 30% of property insurance claims are due to water damage, which can be costly. It's a smart move to have an restoration industry expert in your contacts for a second opinion when you need it. Claim Restore provides peer review services to property insurers. Let's connect! #insurance #insuranceindustry #claimsmanagement #claims #risk #funfactfriday

Unlock the power of #TeamCRC insights with CRC Group's Tools + Intel newsletter! #CRCGroup #PlacingYouFirst #InsuranceIndustry #Insurance #ThoughtLeadership

🏝️ The property insurance marketplace is under significant strain, particularly for those owning coastal properties. The insurance sector misjudged the frequency and severity of major catastrophes, leading to substantial losses. Insurers and reinsurers are now grappling with these challenges, making it increasingly difficult for property owners to secure affordable coverage. Dive into the reasons behind this pain in the market and what it means for your risk management strategy. This is just the tip of the iceberg. For a full exploration of the property insurance landscape and smart solutions like captives, check out our complete video. Link below! https://lnkd.in/gnBBfqk6 #Insurance #CoastalRisk #PropertyManagement #InsuranceTrends