Monthly Archives: <span>November 2008</span>

Sales & Marketing Planning

Part 1: Setting Your Course It is that time of year again; time to develop the firm’s annual sales and marketing plan. This is an essential element of strategic planning. Many carriers want to meet with the agency owners to …

New Catastrophe Bonds on Hold Pending Reinsurance Market Hardening

Disaster insurance bonds are one of the few assets to make any money this year but new supply is on hold pending expected price rises in the underlying reinsurance market. Market players say demand remains buoyant for the bonds, which …

Lloyd’s Expects U.S. To Adopt Federal Regulation of Insurance

Pushed by the global economic crisis, the United States is expected to embrace federal regulation of the insurance industry as early as 2009, according to some financial and insurance executives. Federal regulation — something that most other nations already have …

Program Market’s ‘Best in Class’

Four Program Administrators Join the Ranks of Best Practices Organizations Just two years ago the Target Markets Program Administrators Association launched the TMPAA Best Practice designation as a way to encourage members to look for greater efficiencies in the way …

17th Annual Program Directory, Volume II

Welcome to Insurance Journal‘s 17th Annual Program Directory, Volume II. Information contained in this 2008 directory has been compiled by Insurance Journal‘s staff as a resource for readers. For purposes of this directory, a program is defined as “a group …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Environmental Liability: What’s Good Today, Could Be Bad Tomorrow

Environmental Insurance Delivers the Best Shield of Defense Against Emerging Pollutants The changing character of environmental regulation fits any definition of a moving target. Since the Environmental Protection Agency (EPA) was launched on a wave of environmental consciousness in the …

All Claims Are Local

Multinational Claims Require Knowledge of Culture, Currency and Legal Climate In today’s borderless global economy, claims can arise in just about any part of the world where a company does business. Even small and midsize companies with no physical presence …

Somali Pirates Heighten Menace

Insurers Increasingly Concerned Over Growing Threat of Attacks Yo, ho, ho and a tanker of oil – Pirates of the Caribbean they’re not. Today’s descendants of the marauders of the Spanish Main operate from “mother ships” in fast, well-equipped and …

There’s No Wrong or Right Time for an M&A

But Finding Financing Has Gotten Tougher When it comes to acquiring an agency or selling, timing is everything. Hard market or soft market, good business environment or bad, the decision on whether to merge, acquire or sell is unique to …