Intel

Key Takeaways The High-Value Solutions market is stabilizing, with admitted carriers returning to some geographies, increased competition, and expanded Excess and Surplus (E&S) capacity. Underwriting flexibility is improving for catastrophe-exposed risks, including wildfire, wind, and flood. Clients may benefit from having their broker market their insurance program including revisiting higher deductibles, water sublimits, and reduced coverages implemented during the hard market. Product innovation is expanding customization through layered programs,…

Changing market conditions may create new opportunities to strengthen Personal Insurance coverage for affluent and high-net-worth individuals. In this clip from our recent High-Value Solutions webinar, Kris Guasch, Associate Managing Director, Underwriter, Personal Insurance, Burns & Wilcox, Ft. Lauderdale, Florida, discusses how brokers and agents may be able to revisit coverage options and secure broader protection for clients. https://vimeo.com/1194062504/5cde65c71d?share=copy&fl=sv&fe=ci  

Shifting conditions in the Personal Insurance market are creating new opportunities for affluent and high net worth clients with complex property and liability exposures. In this webinar, Burns & Wilcox experts discuss valuation accuracy, catastrophe-related risks, risk mitigation strategies, and specialized High Value Solutions designed to help brokers and agents better protect clients and address evolving coverage needs. Topics include: Exposures…

Inside This Article: Demand for luxury housing is on the rise in South Florida, where recent data shows sales of properties priced at $1 million or more grew 21% in Miami-Dade County compared to last year. Sales of “ultra-luxury” homes priced at $10 million or more are also expanding across the U.S., including outside of traditional wealth hubs like…