Comprehensive property insurance protects an owner’s assets from damage, theft, and natural disasters. We unveil the unique challenges of property owners and how a customized insurance solution preserves the value of the property.
With so many uncontrollable variables affecting the insurance industry today, retail agents face significant challenges when representing clients with a history of large or frequent losses, as carriers typically view high-risk clients as liabilities. The result?...
The 2024 Atlantic hurricane season is expected to be one of the most active seasons in recent history. Record-warm sea surface temperatures in the tropical Atlantic and the anticipated development of La Niña conditions create a more favorable environment for hurricane...
In the evolving risk management landscape, catastrophe (CAT) modeling has become a linchpin for the insurance industry. CAT modeling helps predict and mitigate losses from natural disasters, man-made disasters, public health emergencies, and more. But as the industry...
In today's market, agents may find themselves delivering bad news to clients renewing their homeowner's insurance. As labor costs, construction material prices, and inflation continue to rise, carriers are responding with higher premiums. In fact, some experts say...
The Property and Casualty (P&C) insurance market has experienced an unprecedented hard market for six years, a significant departure from the typical three- to four-year cycles seen since the 1980s. ALIRT Insurance Research highlights that the first quarter of...
A new year marks a new beginning, with hope, anticipation, and curiosity for what the coming months may bring. And in a dynamic industry like insurance, you never know with absolute certainty what might be just beyond the horizon. Stepping into 2024, we asked Jencap’s...
There’s no denying it. The property insurance marketplace is in unprecedented times — and has been for a while. Over the last few years, we’ve experienced what the industry terms a “hard market,” and there are a number of reasons for this, including a surge in natural...
According to the National Oceanic and Atmospheric Administration’s (NOAA) 2023-2024 winter outlook, the first El Niño we’ve seen in four years is heading our way. El Niño typically brings wetter, cooler weather to the south, while also delivering warmer, drier weather...
Ice dams, the thick accumulations of ice that form at the edges of roofs, are a notable winter concern for both commercial and residential properties. As insurance agents, gaining a comprehensive understanding of ice dams is key in offering well-informed advice and...
Owning and managing any type of commercial property — hotel, office building, shopping mall, bakery — comes with its share of risks. One often overlooked risk is the sudden breakdown of essential equipment and machinery. A power surge, faulty circuit, loose bolt, or...
If you’re a retail insurance agent with a book of business in the property insurance market, you’ve no doubt had conversations with concerned clients about why their premiums are increasing and coverage is getting harder to come by. Unfortunately, this is the case...
First introduced in 2021, Risk Rating 2.0 is a new methodology created by the Federal Emergency Management Agency (FEMA) for determining flood insurance rates. Its goal is to provide fair and transparent flood insurance pricing that reflects an individual property’s...
From EPLI to Cyber, partnering with an expert professional lines broker makes the rough road much smoother. We live in a world where risks evolve rapidly, especially for businesses. Jencap’s specialized brokers share the six biggest challenges facing the Professional Lines industry today.
CASE STUDIES | Q1 2023 | 9 MINUTES
WHITE PAPER | Q3 2022 | 17 MINUTES
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