3/4/2021 - CARRIER UPDATE - USLI - Appetite / Hit List

 CARRIER UPDATE - USLI - APPETITE


These are the Commercial Non-Profit Industries USLI is having the highest hit ratio / binding success:

Social Services 

Animal Shelters/Rescues, Counseling/Mental Health Services, Youth Programs including Home School Co-Ops and After school programs, Residential Housing, Food Banks/Soup Kitchens, Youth Centers, Community Centers and Thrift Stores. We can offer a package and include Professional Liability and Abuse and Molestation.

Charities and Business Association Guard

Support Groups, Chambers of Commerce, Foundations, Parent/Teacher Organization and Charitable and Fundraising organizations.

Blanket Special Events Endorsement:  This past year many events were cancelled due to the pandemic.  Our blanket special event endorsement allow these organizations to keep coverage for their events all year without the hassle of scheduling or rescheduling cancelled events. 

 Houses of Worship

Comprehensive coverage specifically tailored to meet the unique insurance needs for Houses of Worship including, Abuse and Molestation and Pastoral Professional up to $1,000,000 limits, fundraisers, special events, and outreach activities automatically included.  Members are also automatically included as an additional insured.

Community Associations

Community Associations with a wide variety of amenities including clubhouses, pools, beaches, and much more. Property coverage is available for residential condominium buildings along with commonly owned association property including, but not limited to, fences, signs, and pools.  We can package and include Directors & Officers coverage.  This is an important coverage to protect the Association’s board with key coverages including full prior acts, uncapped defense outside the limits, lifetime occurrence reporting provision, and nonmonetary breach of contract coverage.

Contact Kim Pinkerton for more information:

Kim Pinkerton
Nonprofit Underwriter

Nonprofit Package Team

kimp@usli.com

(888) 523-5545 ext. 2719
Alt. contact Steven Saulino (ext. 2317)

Comments

Post a Comment

Popular posts from this blog

Ransomware is a BIG Problem for Small Business

Many agents are aware that there is are Commercial Cyber Insurance products available to protect small business.  However, these same agents are often reluctant to promote those products out of a lack of understanding of the need for small businesses to carry the coverage.  How bad could a cyber event be? In truth, a cyber event can be very expensive and disruptive to a small business.  In particular, this is because so few small businesses take the protective steps to safeguard their files and other data that bigger firms take.  This makes them targets. A ransomware attack can literally cripple a small business.  In this type of cyber breach a hacker takes control of a business' computers and systems and holds them hostage, often for a large ransom.  In some cases the hacker encrypts the data, other times the hacker simply denies access to the systems.  Either way, your business isn't running unless you bypass the hack, or pay the ransom. Good cyber s...
Read more

4/6/2021 - Article - Art of Persuasion

This is a great article on persuasion, an art that we must all use continually in our lives, but especially when it comes to the sales cycle.  During the sales cycle you must persuade a prospect to give you time for a meeting, you must persuade a prospect to choose your product and services over a competitor, and year after year you must persuade your clients to remain your clients.  This article is a great reminder that the skill and art of persuasion has not changed, there are no new tactics, and mastery of persuasion is still essential. Enjoy! Harvard Business Review - The Art of Persuasion Hasn't Changed in 2,000 Years
Read more

2/26/2021 - Commercial Hard Market Anticipated to Persist in 2021

 Rate increases are expected in almost every line of business. READ ARTICLE "Cyber insurance rates are expected to increase by 10% to 30%, while general liability rates are expected to increase by 7.5% to 15%." What makes a hard market? A hard market may also be referred to as market tightening. This is because insurance availability, usually of a particular line, becomes more difficult to obtain and often may be more expensive. This typically happens in the commercial property and casualty markets as a result of catastrophic losses, large jury verdicts, or other factors affecting the profitability of insurers and reinsurers.
Read more