Client Letter Template to send to current Fireman's Fund Policyholders - Please feel free to edit and format this document to your agency's letterhead and overall communication style.
Historically June is a popular month to get married due to milder temperatures and the abundance of blooming flowers. June is named for Juno, the Roman goddess of marriage and it was believed that a June wedding brought prosperity and happiness to the marriage. Additionally it would mean the first child would likely be born in the spring (supposedly lucky) and on a more icky point, most medieval Europeans would only bathe once a year in May/June meaning the happy couple would be smelling fresh, relatively speaking.
I got married on my mother's birthday in late September. So far no one has been able to top a daughter-in-law as a birthday present. According to The Knot.com in 2013, June and September tied for most weddings; who knew I was a trend-setter? Despite an increase in "casual" weddings the cost increased to an average of nearly $30,000. A shift from the traditional church weddings has enabled couples to personalize the ceremony more and to create an "experience" for their guests with more elaborate rehearsal dinners and morning-after brunches.
Besides weddings, May and June are also popular for Graduations, Festivals and my personal favorite, National Fudge Day.
Philadelphia Insurance Companies affords a market for a wide range of special events. This carrier understands that quick quotation turnaround is mandatory in order to meet the specific needs of the special events marketplace and has team of underwriters dedicated solely to handling special events business.
County Fairs and Festivals
Craft Fairs / Garden Shows
Flower Shows
Picnics and Pig Roasts
Fundraising Events / Social Gatherings / Social Club Events
Primary General Liability Limits of $1,000,000 per occurrence/$3,000,000 Aggregate. Umbrella Limits up to $10,000,000 available (copy of contract required for limit over $2M). Liquor Liability, Hired and Non-Owned Auto, and Inland Marine also available for eligible accounts
Event Liability is available to Big "I" Markets member agents in all states except Louisiana, with limited availability in Alaska.
By Elif Wisecup, Director of Marketing of Big I Advantage®
For more than two decades the Big "I" Professional Liability Program underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions (rated A+ Superior by A.M. Best), has been the premiere choice of IIABA member agents for insurance agents and brokers E&O insurance.
The Big "I" Professional Liability Program offers not just a policy, but a comprehensive program for insurance agents. Over the past two decades the Big "I" Professional Liability Program, underwritten by Westport Insurance Corporation, a member of Swiss Re Corporate Solutions, has grown into the largest and most stable insurance agents E&O program in the nation. Our member agents and brokers nationwide look to the program for stable rates and a long-term market that they can rely on to protect their greatest assets-their businesses.
Working with our partners at Swiss Re Corporate Solutions, we have created one of the strongest coverage forms in the marketplace.
Review our policy form and you will see these are just a few of the coverage benefits of the Swiss Re policy:
Coverage for the sale of both Property/Casualty and Life and Health insurance products
Limits of liability up to $20 million
Broad definition of covered professional services and activities
Comprehensive definition of who is an insured
Aggregate deductibles
Defense cost outside the limits
Available first dollar defense
Full prior acts available
No contractual liability exclusion
Coverage for punitive damages (where available by state)
Multiple extended reporting period options
True worldwide protection
Coverage for advertising, libel and slander
Catastrophe Expense $25,000 per policy period
Subpoena Coverage $10,000 per policy period
1st Party Personal Data Breach (cyber) $25,000 per policy period
3rd Party Personal Data Breach (cyber) $1,000,000 sublimit
Deductible reduction up to $12,500 per claim for risk management activities
In an accident involving a bicycle and a car there is a distinct size difference and no matter who is at fault you know which one almost always comes out on top. Not as much difference between a bicycle and pedestrian. Many cities have bicycle lanes alongside car and pedestrian lanes, but there are still places where those paths cross and not all bicyclists stay in them. The results can be severe, even career ending for the rider or pedestrian. Bicyclists are in the middle whether they were killed or killed a pedestrian. If a car hits a bicyclist it will be covered under the auto insurance, but if a bicyclist hits a car, another bicycle, or a pedestrian it's different.
That is where Bicycle Insurance comes in. With bicycle prices ranging from a few hundred to over $30,000 it makes sense to protect your clients for a stolen bicycle and liability, but that's where most HO policies stop. Bicycle Insurance covers so much more than liability, including Vehicle Contact Protection similar to UM/UIM.
Of course one way to avoid being hit by a car or bicycle is to go deep into the great outdoors. There you can travel by two feet or four hooves without the noise, traffic, and heavy pollution. Big "I" members can access Markel Outdoors program of Outfitters & Guides, Rod & Gun Clubs and Hunting & Fishing Lodges.
Both of these programs are available in all states except Alaska and Hawaii. To further explore how your agency can take advantage of these markets, visit www.bigimarkets.com today!
The purpose of this webinar is to provide information about a very important element of coverage critical to building service providers, contractors, insurance agents, claims adjusters and subrogation units.
At the conclusion, participants should be able to: understand the primary purposes of CGL PD coverage and exclusions; understand the grant of coverage found in the language of these exclusions; understand the distinctions between ongoing vs. completed operations within the context of the exclusionary language; understand the historical significance and current application of "broad form property damage" and better serve insurance purchasers, particularly in the service and construction industries. VU webinar questions can be sent to bestpractices@iiaba.net.
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Remember that you can view the following webinars 24/7 by checking out the BIM Webinar Library. To do that log onto Big "I" Markets and click on "Publications".
Personal Liability Trends - Fireman's Fund
TravPay
Commercial Lessor's Risk
Affluent Homeowners
Travelers Select Products (series)
Travel Insurance
Community Banks
XS Flood
Real Estate E&O
RLI Personal Umbrella
Affluent Homeowner
"Oh, by the way...Flood Sale"
Habitational
Non-standard Homeowner
Student Housing
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BIM WEBSITE TRAINING WEBINAR
For all you folks who recently registered for Big "I" Markets, remember you can participate in a webinar from the comfort of your office to help you learn how to navigate around the system. Every Thursday at 2:00 p.m. EST we'll show you how to navigate the Big "I" Markets platform, including how to submit a quote! Register for the webinar by sending an email with your name and company name to bigimarkets@iiaba.net. Include "Website Navigation Webinar" in the subject line or body of your email. A recording of this webinar can be found under "Publications" after logging into Big "I" Markets.
Congrats to our agent in New Jersey on a commercial lessors risk sale of $27,256 in premium!
Tuesday, April 21, 2015
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