Professional liability, health care and casualty are the three primary underwriting focuses of Bowhead Specialty, founded by serial insurance entrepreneur Stephen Sills.
Allied World’s Kelly Doherty Schaffner discusses her career, the trends in general and professional liability claims and the effects of social inflation.
Perhaps not surprisingly, trusts and estate law are where malpractice claims seen to becoming more painful. It’s too soon to say how much of an impact on claims costs the pandemic will have.
Allied World’s Joyce Duarte talks to Risk & Insurance about opportunity within professional lines management and what risks are proving difficult for underwriters.
When professional services firms are sued by clients, the likelihood of an insurance claim increases when the client suffers a significant loss. Now’s the time to get a grip on the claims landscape and prepare risk management tools to assess and address exposures.
AIG-veteran Glenn Clark has built an enviable career in commercial insurance. The founder of Target Markets, he is now owner of Rockwood Programs, a specialist in the management and professional liability space.
After a damaging winter storm in 2011, officials in Texas received recommendations on weatherizing the state’s grid. Those recommendations were not followed, and in 2021, Texans paid a big price.
Telehealth is likely to remain a main avenue for receiving health consultations. It is also likely to experience hiccups along the way. Insurers need to accept both realities.
It seems clear that telemedicine is here to stay, which means the insurance industry has a need to fill to match this emerging exposure with policy language to suit and coverage to follow.
While avoiding the risk of community spread by having classes exclusively online is not feasible for many colleges, the risk of spreading the virus can be reduced by banning all mass gatherings, including college football practices, on campus.