Unless you've navigated a recall event before as a business, there's a good chance you don't understand the critical role product recall insurance plays in protecting a company's assets and reputation—or how quickly financial losses begin to pile up during a recall...
Insights
Jencap Earns Prestigious Recognition in the 2024 IBA 5-Star Wholesale Brokers and MGAs
Jencap is delighted to announce its inclusion in the prestigious 2024 IBA 5-Star Wholesale Brokers and MGAs, a comprehensive roundup that highlights the best in the industry. As an impartial authority in the insurance sector, Insurance Business conducted exhaustive...
Insider Scoop: An Interview with Jencap Environmental Expert Canaan Crouch
When it comes to environmental insurance coverage, complexities and challenges abound. Risks evolve rapidly, and it can be tough to keep up with emerging trends, particularly if you aren’t working with environmental risks each and every day. Jencap has a team of...
Episode 11: Decoding Catastrophe Modeling with Bruce Norris
Welcome to Flip the Cap! In this episode, Kathryn Smith delves into the intricacies of catastrophe modeling with Jencap Director and certified catastrophe modeler, Bruce Norris. With decades of experience in catastrophe analysis and technology, Bruce sheds light on...
Emerging Trends in the E&O Landscape
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...
Jencap Group Expands Into New Distribution Channel with Acquisition of Foresite Sports
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...
Professional Lines Complexities for Financial Institutions
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...
Shedding Light on NEM 3.0’s Impact on California Solar Market and Insurance
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...
Untangling the Complex Web of Economic and Social Inflation in the Commercial Auto Sector
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...
Understanding NCCI’s Changes to the Workers’ Comp E-Mod Factor Methodology
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...
Jencap Announces Strategic Leadership Appointments for Construction Wrap Up Practice
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...
Workers’ Compensation Market Continues to Drop Rates
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...
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 | 5 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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