Group Captives: An Alternative Insurance Solution

Group Captives: An Alternative Insurance Solution

By David Hosler, CPCU, MBA What is a Group Captive? Group Captive Insurance Programs can be an attractive alternative to conventional insurance. They can withstand the cyclical nature of the traditional insurance marketplace while offering their owners more control...
Winterization: Ways to Protect Your Business

Winterization: Ways to Protect Your Business

By Ebony Harrell, Claims Manager Unforeseen events happen daily, and those events can affect business operations – especially during the winter season. Winter brings us wonderlands and cheer, but as Claims Manager of Overmyer Hall Associates, I also recognize...
Social Inflation: What it is & Why it Matters

Social Inflation: What it is & Why it Matters

by Ryan J. Beal, CLCS While “economic inflation” is a core concern when helping your clients plan for their future, how do you account for “social inflation” when managing your own risk? Social Inflation is an issue that continues to gain steam and intensity, and we...
Cyber Insurance: Is It Really Necessary?

Cyber Insurance: Is It Really Necessary?

by Ryan J. Beal, CLCS Risk consultants advise cyber insurance is necessary, but policyholders are not always sure why. When business owners and professionals truly understand the value of their personal and financial properties, like one’s identity and hard-earned...
Zombie Subcontractors: How to Identify & Avoid Them

Zombie Subcontractors: How to Identify & Avoid Them

by Jack Kehl, AFSB Some background Recently, I spoke with one of my contractor clients who faced challenges on a project due to a failed subcontractor. After 25+ years in Surety, this story is all too familiar: bid day + low subcontractor turnout. Of the ones who do...
Determining your Company’s Bonding Capacity

Determining your Company’s Bonding Capacity

By Jack Kehl During my 20-plus years in the surety industry, I have been asked one question more than any other: “What is my bonding capacity and how is it determined?” Unfortunately, this simple question is the most difficult one for a surety agent to answer and...