From supply chain bottlenecks to misdeclared cargo, there are a number of forces currently at play in the cargo insurance marketplace. We sat down with Jencap’s Inland Marine Brokers and VP of Falvey Insurance Group Will Frohne to dig in and unpack these trends. 1....
Insights
Tips for 2023 Hurricane Season Preparation
Hurricane Ian claimed the #1 spot for the world's costliest natural disaster last year, and positioned 2022 as the third most expensive hurricane season on record (behind 2005 and 2017). All told, the storm tallied up around $100 billion in losses, with private...
The Benefits of Owner-Controlled Insurance Programs
Owner-controlled insurance programs (OCIPs) are a type of “wrap-up” insurance policy that a property owner can take out for a construction or renovation project. Unlike the traditional construction insurance model — where each contractor or subcontractor secures their...
Construction Lending Roadblocks? Consider a Surety Bond Alternative
Surety bonds are an essential risk-management tool for the construction lending industry. They offer a financial buffer in the event that a project is left incomplete or fails to meet its agreed upon terms and conditions. Although bonds are often a required part of...
Top Things to Look for in a Commercial Habitational Insurance Carrier
Across the board, property insurance is getting hit hard — and the habitational insurance market is not immune. In the face of shrinking capacity and higher premiums, it’s more important than ever for habitational property owners to rely on quality carriers with...
Episode 5: Exploring Specialized Industry Topics with John LaCava
Welcome to Flip the Cap! On this episode of Flip The Cap, Kathryn Smith sits down with John LaCava (Chief Operating Officer of Jencap) to discuss the program management side of the insurance business. They dig into how the shift in the E&S marketplace has...
Understanding Motor Truck Cargo Insurance Exclusions
Motor truck cargo (MTC) is a specialized insurance coverage that protects against loss or damage to goods transported by a truck. This insurance product is intended for businesses that haul cargo for others, such as freight forwarders, trucking companies, and shipping...
Outsmart QR Code Scammers With These Tips
QR codes have become commonplace in our everyday lives. With a quick scan from a smartphone camera, they offer a fast and easy way to find additional information, access services, or process payments. However, scammers have found ways to take advantage of their...
Jencap Named Exclusive Distribution Partner for SureBuild’s Project Completion Insurance Product
Modern Construction Risk Management Tool Provides Alternative to a Bond New York, NY (April 25, 2023) – Jencap Group LLC (Jencap), one of the nation’s largest wholesalers, is announcing its exclusive partnership to distribute a new product to the construction...
Episode 4: Breaking Down Important Property Insurance Trends with Ben Beazley
Welcome to Flip the Cap! In this episode, Kathryn Smith discusses important property insurance trends with Ben Beazley, EVP of Property at Jencap. Ben shares valuable information about alternative capital trends, how to best position your insureds for their upcoming...
How to Talk to Clients about Reinsurance and Rising Property Rates
The property insurance market in North America has seen staggering price increases of 20-30%. Understandably, policyholders want to know why. There isn’t a single, straightforward answer, unfortunately. The rise in prices is due to a “perfect storm” of factors,...
Prime Examples of Professional Liability Insurance Claims
No business wants to think they might be at risk for a professional liability lawsuit. In an ideal world, most businesses would have happy and satisfied customers because their needs were met properly and completely. In reality, however, even highly skilled...
TRENDS & WHITE PAPERS
Preparing for the Future of Cannabis Insurance
Despite the growing acceptance and legalization of cannabis, it remains federally illegal in the United States, creating unique challenges for the industry. Jencap explores three possible future scenarios for federal cannabis reform and their impact on cannabis insurance.
WHITE PAPER | Q2 2023 | 7 MINUTES
Navigating the New Frontiers
of Professional Lines Insurance
CASE STUDIES | Q1 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 | 3 MINUTES
Riding The Waves of Change Insurance Industry Outlook
WHITE PAPER | Q1 2022 | 3 MINUTES
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