Strategic alliance formed between Aspen U.S. Insurance and V3 Insurance Partners LLC

Aspen U.S. Insurance has announced that it has formed a strategic alliance with the managing general underwriting agency, V3 Insurance Partners, in order to be able to sell the optional premises liability and miscellaneous professional liability program called Vantage 360® MPL+ to every state in the country. This program was created with professional service companies in mind; specifically those with less than $15 million in yearly revenues. The program is for wholesale brokers only by way of V3. Protection is made available on both a non-admitted and admitted basis. V3…

Read More

CalCEF introduces new insurance initiative aimed at growing the alternative energy industry

When it comes to alternative energy, insurance is usually the furthest thing from people’s minds. Insurance, however, may hold the key to the future of renewable fuel, according to the California Clean Energy Foundation (CalCEF). CalCEF has long been a proponent of alternative energy, but both consumers and investors have been slow to warm to the concept of sustainability. While the reasons behind sluggish adoption are numerous, the foundation believes that risk may be a major deterrent to investors. This has led the foundation to propose a suite of private…

Read More

“SLICE” Pizza parlor insurance now available to restaurant owners

There is a growing trend of specialized insurance and it has now added another branch to its offerings, with a new type of policy – which has been called SLICE – that has been created to provide coverage to pizza parlor owners. The EPIC Programs Group, an insurance brokerage based in California, has announced that the “Safety, Loss, Control, Insurance, Coverage, Expertise” program they offer will now be speaking specifically to the liabilities faced by the owners of pizza parlors who have drivers that make deliveries. The program is already…

Read More

Buying business insurance to protect yourself and your company

Just as it is important to obtain insurance coverage when you own a house or a car, it is equally important to protect your business. If you are the owner of a company of any size, it is highly recommended that you speak with an independent business insurance agent in order to find out about the types of coverage that are available to you, and to help decide which ones are right for you. This is a decision that should not be rushed, as shopping around will help you to…

Read More

How to measure the risk of terror

Post anniversary to September 11, the horrible event occurring over ten years ago now, there has been a tremendous change to the way that border security and terrorism have been viewed in the United States. This is true of the government, businesses, individuals, and the insurance industry, which suffered tremendous losses to its own people when the planes hit the twin towers of the World Trade Center in New York City. Though damages resulting from acts of terrorism had been covered in typical all-risk commercial policies before the attacks, after…

Read More