Insights
Keeping you up to date on industry trends so you maintain your competitive edge and provide timely, accurate coverages for your clients.
Jencap Names Bruce Peddle Division President of Jencap Insurance Services
NEW YORK (September 16, 2021) – Jencap is pleased to announce that Bruce Peddle has been named President of Jencap Insurance Services Inc. (JCIS) and will assume his new role on Jan. 1, 2022. JCIS is a recently formed division of parent company, Jencap Group LLC (Jencap), that is comprised of former affiliate companies MJ Kelly, Special Risks Facilities and Stringer-Ware, dba, Genesee General....
Your Home Is More Than Brick and Mortar
A home is so much more than the bricks, mortar, and lumber used to build it, especially for your high net worth clients. It's full of memories, private collections, and cherished belongings--and your client’s personality and interests are reflected in every exquisite detail. If your client experiences a claim, they want more than a check from the...
Don’t Get Railroaded on Your FELA Claim
Almost all private employees in the United States can collect workers’ compensation if they are injured on the job. Railroad employees are the exception to the rule, as they must file for damages through The Federal Employers Liability Act (FELA). FELA was created in 1908 when railroad use was expanding rapidly in the United States. The industry...
Understanding the Difference Between Product Liability and General Liability Insurance
For businesses who manufacture and sell their own products, there’s always the lingering threat of risk associated with their business. The off-chance that one of their products could fail or malfunction, causing an injury or pain in some way is not something that companies want to think about, but should be aware of. From allergic reactions to...
Why Auto Dealers Should Have False Pretense Coverage
In the auto insurance world, the focus is rightfully put on the car buyer obtaining coverage to keep their new or new-to-them vehicle safe. But another portion of auto-related insurance that needs to be stressed is the important role that garage insurance plays in covering losses and incidents that can take place on sales lots. This is where a...
What Kind of Insurance Should Food Delivery Drivers Have?
It’s no secret that we as a society, especially as consumers, are glued to our phones. In fact, a recent survey of 2,000 Americans showed that we check our phones on average 80 times a day, with some checking their phones up to 300 times a day. You may be checking your phone while you read this. With this in mind, new mobile-based companies have...
What is a Waiver of Subrogation and When Should It Be Used?
As for any and all contracts that need to be signed for professional services, everyone involved should understand the consequences of each clause. While this may sound like basic common sense, there are some people or companies that skip this step, taking for granted its straightforwardness. Your clients should be made aware of the waiver of...
JenCap is funding the education of tomorrow’s risk management and insurance industry leaders
JenCap is proud to support tomorrow’s risk management and insurance industry leaders. Please join us in supporting this important initiative.
3 Common Risks Construction Professionals Face
Contractors, construction workers and other professionals in this sector are no strangers to environmental, seasonal, and physical risks. The same liberties and perks that attract many people to this industry, including winters off and being free of the confines of an office, pose some significant risks. In this article, we’ll cover the most...
Why Bars and Nightclubs Need Liquor Liability Insurance
When people are under the influence of alcohol, their behavior can be unpredictable. From rowdiness to fights and injury, there are plenty of incidents that can be sparked by alcohol consumption. While selling alcohol is a lucrative part of any bar or nightclub, these businesses can protect themselves from incurring liability and lawsuits with a...
What you need to know about Employment Practices Liability Insurance
Now more than ever, organizations need to review their employment related policies and procedures. Our companies can obtain Employment Practices Liability Insurance (EPLI) that includes the most comprehensive employment practices risk management services available in the market place. These services can help an organization manage employment...
What’s The Difference between Garage Liability and Garagekeeper’s Insurance?
Do your clients know the difference between garage liability and garagekeepers insurance? While they may sound similar, they can be wildly different from each other, making it more than important to know exactly what is covered and what is at risk. To break it down easily, the difference in coverage is spelling out the difference between...
Cyber Liability continues to be a big issue for all industries
Clients are asking their agents for more information about this emerging coverage Any organization that either has a computer network, handles confidential information, or collects and transacts with personal identifiable information is at risk of a data breach. This exposure has the ability to pose a significant financial threat to any business...
Proper Coverage for Abuse and Molestation are Critical to a Social Service Agencies Welfare
While abuse claims and allegations are few in number for a social service agency, the cost in public reputation can be devastating. When you couple that with the cost to defend, plus any potential payment for a judgment, the client can be driven out of business by a single claim. Abuse claims can occur between an employee and consumer, or between...
Why False Pretense Coverage is Necessary for Garages
For car dealers across the country, something like garage insurance is already somewhat confusing and problematic. It’s an unusual sort of coverage that dealers need, but insurance agents need to be able to convey its importance. What’s more, insurance agents need to be stressing the importance of false pretense coverage, which helps to close the...
JenCap Holdings to Acquire Genesee General, a Specialty Insurance Business
JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Georgia.
JenCap Holdings Acquires Special Risks Facilities
July 12, 2017 JenCap Holdings LLC announced today that it has agreed to acquire privately held Special Risks Facilities, Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan with another office in Peoria, Arizona. Special Risks was formed in 1971 and has been led by Jack Klebba and...
JenCap Holdings Acquires NIF Group
December 9, 2016 JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates. NIF was formed by Michael Orlando in 1976...
JenCap Holdings Agrees to Acquire NIF Group in New York
INSURANCE JOURNAL December 8, 2016 JenCap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program administrator and wholesale insurance broker based in Manhasset, New York. NIF was formed...
JenCap Holdings Acquires Missouri-Based M.J. Kelly Co.
INSURANCE JOURNAL September 22, 2016 New York-based JenCap Holdings LLC has acquired privately held M. J. Kelly Co. (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri, with offices in nine states throughout the Midwest and Southeast. Since 1986, MJK has been owned and operated by Jim Adams who was...
JenCap Holdings Acquires M.J. Kelly Company
September 19, 2016 JenCap Holdings LLC announced today that it has completed the acquisition of privately-held M. J. Kelly Company (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri with offices in nine states throughout the Midwest and Southeast. Since 1986, MJK has been owned and operated by Jim...