9 03, 2023

PLUS Podcast: Demystifying NFTs Episode 1

By |2023-03-09T09:02:02-06:00March 9, 2023|@PLUS, General Risk Management, Misc. Lines|0 Comments

In Demystifying NFTs Episode 1, Alice Budge of SR International is joined by Jennifer Stivrins and Vito Marzano of Kissel, Straton & Wilmer to discuss the super-basics of NFTs. What are NFTs? How do they work? And how are they valued? Our speakers have a spirited conversation about why we should care about NFTs and preview topics for future episodes as well, including how they expect NFT exposure to factor into liability underwriting in the coming years.Special thanks to Liam Thau of Kissel, Straton & Wilmer for support and research for this episode.   If you'd like to send a question to [...]

2 03, 2023

Baby Boomers Impact on Financial Lines Insurers of Investment Advisers

By |2023-03-02T08:57:17-06:00March 2, 2023|@PLUS, E&O, Fiduciary, General Risk Management, Misc. Lines|0 Comments

The significant impact that the large aging baby boomer population will have on Investment Advisers and, by extension, financial lines insurers underwriting is underway.  Ripple effects of retirement, decumulation and wealth distribution directly impacts adviser income and may result in conflicts and refocus toward more aggressive, riskier investment strategy.  Being able to navigate this investor profile shift and insure advisers requires understanding of the tremendous influence the Boomer generation has on the economy and equity markets.    According to 2020 records from the U.S. Census Bureau, Boomers, born in the two decades following the end of World War II (between 1946 and [...]

6 02, 2023

Trends & Challenges in the Environmental and Construction Professional Liability Space

By |2023-03-06T13:56:50-06:00February 6, 2023|@PLUS, A&E, Construction Professional Liability, Environmental Professional Liability, General Risk Management, Misc. Lines|0 Comments

The specialty lines insurance landscape is ever-changing. This is especially true for the environmental and construction-related professional liability marketplace, which is constantly bombarded by new regulations, policy changes and ongoing carrier reforms. The 2023 Market Update, which is issued annually by RT Specialty’s Environmental and Construction Professional (RT ECP) Practice recently highlighted the organization’s insights into the “state of the marketplace.” Highlighted are the latest trends and challenges influencing the terms and conditions of leading insurance products like: Contractors Pollution Liability (CPL) Pollution Legal Liability (PLL) General Liability / Pollution Legal Liability (GL/PLL) General Liability / Contractors Pollution Liability / [...]

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