In life and business, mistakes are inevitable. Some are minor and easily fixed, while others are costly and — in the most extreme circumstances — business-ending. Errors and omissions (E&O) coverage, a specialized type of professional liability insurance, is...
New York, NY (March 5, 2024) - Jencap Group LLC (Jencap), one of the largest wholesalers in the U.S., announced today that it has acquired Foresite Sports LLC, a program manager specializing in prize contingency coverage and event insurance. Foresite Sports will...
When it comes to professional lines risks and exposures, the rules of the game are ever-changing. The world of professional insurance is incredibly nuanced and complex. Business risks and coverage needs can vary dramatically, from industry to industry and from...
As the United States continues its transition toward sustainable energy, California has been at the forefront, leading the charge in adopting solar power. Net Energy Metering (NEM) has played a crucial role in incentivizing solar adoption, but the recent rollout of...
All industries are feeling the impacts of high inflation, and commercial auto is certainly not immune. In the American Transportation Research Institute’s (ATRI) most recent Operational Costs of Trucking report, they found that, in total, commercial auto operational...
2020 changed the landscape of the insurance world. The COVID-19 pandemic, domestic and global unrest, supply chain disruptions, and a litany of weather-related catastrophes took their toll on the property and casualty markets, as well as personal lines coverage....
The National Council on Compensation Insurance’s (NCCI) updated experience modification factor (e-mod) algorithm went into effect this past November. These changes — which insureds will begin to feel the impacts of in 2024 — are intended to more fairly and accurately...
New York, February 7, 2024 – Jencap Group (Jencap) is excited to announce the appointments of Kris Bauer and Mike Yovino as leaders of the company's Wrap Up Construction Practice. This specialized practice group is one of many strategic centers of excellence that...
The workers’ compensation insurance market has remained relatively soft over the past few years, characterized by high capacity and rate decreases, as carriers seek to come out on top in a competitive environment. A number states are seeing drastic rate cuts this...
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...
At Jencap, working transcends the ordinary job experience – it's a dynamic collaboration that fuels success. The heartbeat of Jencap's power lies in its team, a close-knit community where every member contributes to the collective success. What sets Jencap apart is...
In theory, “going green” is the better option, right? But it’s not always such a clear-cut answer. Two Jencap experts continue the ongoing debate.
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