New York (December 01, 2022) – Jencap Group LLC (Jencap), one of the nation’s largest wholesalers, announced today that Ben Beazley has joined Jencap as Executive Vice President of National Accounts, Property. In this role, Beazley will focus on the development and...
Welcome to Flip the Cap! In today's episode, Kathryn Smith sits down with Mark Maher, President of Jencap, to discuss everything you need to know about the rapidly changing insurance industry and how Jencap is poised for success. From the war on talent, active M&A...
Underwriting profits for Workers’ Compensation (WC) hit an annual average of $4.8 billion over the last five years, exceeding all other major property and casualty lines. According to a recently released market segment report from credit agency AM Best, WC’s strong...
Twitter recently agreed to pay out $809.5 million in a class-action lawsuit settlement that alleged its executives made inaccurate statements about the site's metrics. When the company's stock took a dive, investors were up in arms over the loss. With settlements...
As we head into 2023, construction contractors should prepare for rate increases of at least 10 percent. Of course, this will vary business to business depending on changes to things like payroll, property values, and previous years’ losses. In addition, different...
Those of us working in the cannabis industry remember last year’s recall in Michigan. The cannabis recall was the largest in the state’s history, costing over 400 dispensaries nearly $200 million worth of product. But recalls can exact a toll beyond just lost...
We are excited and proud to announce that our very own Carrie Cheeks has been selected for the Insurance Business America Rising Star Award! For the past seven years, Insurance Business America has celebrated the best and brightest early career insurance professionals...
Halloween is a great reason to don a costume and dress up as someone you’re not, but cybercriminals don’t need that excuse. Through email scams, social media phishing, website spoofs, and other nefarious techniques, they masquerade as someone they’re not—all in an...
Welcome to Flip the Cap! Today on the show Kathryn sits down with Canaan Crouch to discuss everything you need to know about the environmental insurance marketplace. Plus, when it comes time to Flip the Cap, Canaan sets a record. You don't want to miss it! Episode...
The past eighteen months has been a “whirlwind” for the Florida condo market. Just over a year ago, the Surfside Champlain Towers South condo outside of Miami Beach collapsed. This October we saw the devastating effects of Hurricane Ian, which pummeled the Florida...
It’s difficult to argue that we’re feeling the impacts of climate-related risks and liabilities across all sectors of the insurance industry. However, we are also seeing many opportunities industry-wide to innovate and bring new products and solutions to the market. ...
The recent catastrophic weather event, Hurricane Ian, has caused devastating loss to the state of Florida. As those impacted begin rebuilding their businesses, homes and communities, it’s expected that a number of commercial operations will be traveling to affected...
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.
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