Industry Insights
All the latest posts from the experts at Jencap. Stay up-to-date on industry trends to maintain your competitive edge and provide timely, accurate coverages for your clients.
Importance of Complete Workers’ Comp Insurance Submissions
According to ratings agency A.M Best, the country’s property and casualty insurance industry saw an 86% drop in underwriting income in 2020 - falling to $600 million compared to $4.5 billion for the same period in 2019. Workers’ Compensation carriers specifically are...
Is a Large Deductible Plan Right For Your Client?
A Workers’ Compensation large deductible plan provides the same coverage as a guaranteed insurance plan – in fact, it is a guaranteed insurance plan with a special deductible endorsement. The deductible size for these plans generally ranges from $100,000 to $1,000,000...
What is Garagekeepers Liability & Who Needs It?
When people bring vehicles to auto repair shops, garages, or towing companies for repair or maintenance, they trust these professionals to protect their cars from damage. As service providers, your clients are liable for the vehicles' safety while in their care....
Workers’ Compensation Cannabis Class Code Roulette
Determining the proper classification for cannabis businesses is not one you want to take a gamble on. If you bet on a specific class code and it isn’t accurate, your client could suffer significant premium penalties at the time of an audit or worse – costly coverage...
On the Road: Talking to Your Charter Bus Clients
Having the proper charter bus insurance coverage at an affordable rate can make the difference between the success and failure of your client’s charter bus operation. When your charter bus clients are considered for a job, there are several things they should prepare...
How To Avoid a Garage Keepers Legal Liability Claim
Business owners who operate dealerships, garages and auto repair shops are responsible for keeping their client’s automobiles safe while in their care, custody and control. To avoid paying out of pocket for any damage you cause to a customer’s vehicle while undergoing...
Jencap Acquires Quaker Special Risk
Jencap Acquires Quaker Special Risk Positions Jencap as One of The Largest Specialty Insurance Distribution Platforms in the U.S. New York, NY (June 19, 2020) – Jencap Holdings (Jencap), a specialty insurance business, announced today that it has agreed to acquire...
4 Things Your Client Must Know about Contractor General Liability Insurance
For businesses that utilize subcontractors, Contractor General Liability (CGL) insurance is an absolute necessity. If a subcontractor hired by your client’s business causes damage, your client’s business can be on the hook for financial compensation to the injured...
Come Fire or Flood… Why You Need Dealers’ Open Lot Insurance
Dealers Open Lot insurance is essential for used auto dealers. Without it, businesses could end up on the hook for large losses if damage is caused to their fleet of vehicles. How does dealers' open lot insurance work? Dealers Open Lot (DOL) insurance provides auto...
The Difference Between Excess and Umbrella Insurance
Businesses across all industries should be operating with adequate liability insurance coverage. This insurance helps these businesses pay for damages, which is money that is paid out to anyone who is injured in some way and for the expenses associated with the claim....
A Closer Look at Punitive Damages
Depending on what part of the country your clients live and work in, most states allow punitive damage insurance coverage. The issue of whether or not to insure punitive damages has been the source of some confusion and frustration. But before more confusion is added...
What Is Garage Liability Insurance?
Does your client’s business handle customers’ vehicles – e.g., repair shops, auto dealerships, service stations, etc.?  Garage Liability insurance is a combination of General Liability and Auto Liability. It protects against potential liabilities for businesses in...
Jencap Holdings to Acquire Aran Insurance Services Group
August 20, 2019 Jencap Holdings (Jencap), a specialty insurance business, announced today that it has agreed to acquire privately-held Aran Insurance Services Group (Aran), a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New...
Jencap Holdings LLC to Acquire Risk Innovations, a Specialty Insurance Business
December 3, 2018 — Jencap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed. “Risk...
The Importance of A Personal Articles Floater
A common misconception of homeowners is that all personal belongings are covered under their insurance policy. Unfortunately, there are several capped coverages for the items people deem most important (think maximum jewelry limit of $5,000 in some cases). A...
How to Navigate the Treacherous Waters of USL&H
There are a great number of commercial industries that operate their business on or near water. Unfortunately, there are also too many commercial clients that have a standard Workers’ Compensation policy and THINK they have USL&H coverage (or worse, don’t even...
The Value of Working with a Specialized Workers’ Compensation Carrier
The third quarter of 2018 saw an increase in premium renewal rates across nearly all lines of commercial business, except for workers’ compensation. We are still operating in a softer market and commercial carriers are willing to package the workers’ comp with other...
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...
Jencap Holdings to Acquire Genesee General, a Specialty Insurance Business
January 10, 2018 Alpharetta, GA – 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...
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,...
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...
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...
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...
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...
TRENDS & WHITE PAPERS
Agent’s Guide to Professional Liability Gaps (and How to Close Them)
Professional risks are evolving faster than most coverage forms can keep up. The difference between protection and exposure often comes down to the fine print. Do you know how to read between the lines?
AGENT GUIDE | Q1 2026 | 23 MINUTES
The New Era of Workers’ Compensation: Powered by Data, Driven by Outcomes
TRENDS | Q3 2025 | 13 MINUTES
Cracking the CAT Modeling Code
TRENDS | Q1 2025 | 17 MINUTES
Is Going Green Good?
TRENDS | Q3 2024 | 3 MINUTES
Chronicles of Casualty
VIDEO SERIES | Q1 2024 | 46 MINUTES
Navigating the New Frontiers of Professional Lines Insurance
CASE STUDIES | Q1 2024 | 9 MINUTES
Preparing for The Future of Cannabis Insurance
WHITE PAPER | Q2 2023 | 7 MINUTES
Your Guide to Cannabis Insurance
TRENDS | UPDATED Q2 2023 | 6 MINUTES
How Climate Change is Shifting the Insurance Industry
WHITE PAPER | Q3 2022 | 17 MINUTES
Garage Gurus: Garage Coverage Explained
TRENDS | Q2 2022 | 5 MINUTES
Riding The Waves of Change Insurance Industry Outlook
WHITE PAPER | Q1 2022 | 4 MINUTES
PODCASTS
Hosted by Jencap’s Managing Director of Marketing, Kathryn Smith, Flip the Cap is the podcast where insurance insights flow and trending topics are always on tap!
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