NEW LIFE SCIENCES DIVISION & PRACTICE LEADER July 2021 Life Sciences represents a huge opportunity for our agency partners and FoundersPro. Although Research & Development, pharmaceuticals, biotechnology, nutraceuticals, and medical devices were already on a strong growth track before COVID-19, the ongoing pandemic has further propelled the Life Sciences industry into the public spotlight. The...Read More
Introducing Bowhead Specialty July 2021 Founders Professional is very proud to be one of the selected brokerages across the Country that is now able to access the Lawyers and Miscellaneous Professional liability products of Bowhead Specialty Underwriters, Inc. Bowhead Specialty Underwriters, Inc. Professional Liability Product Offerings Lawyers Professional Liability Written on a claims-made basis...Read More
LAW FIRMS IN THE POST-PANDEMIC WORLD The global pandemic changed everything. Even being a lawyer. By Jaimee Williams-Caldwell | Broker | Founders Professional Over the past year life has changed drastically. From our societal issues, to our healthcare, schooling for our children, to the shakeup of our workplaces and our life routines. Nothing is...Read More
NEW E&S Market Now Available through FoundersPro Founders Professional is pleased to announce our newest market relationship with Hamilton. Hamilton’s US Professional Liability division targets small to mid-sized distressed accounts in the excess and surplus (E&S) space. Available on a Nationwide (US) basis, Hamilton underwrites on behalf of several Lloyds syndicates, and holds a rating...Read More
Prior Acts Coverage – Insurance Coverage for Your Past Activities April 2021 For the last 18 months or so, the Professional Liability insurance markets (along with many other insurance markets) have been “hardening,” industry jargon for premiums increasing and/or coverage decreasing. Basically, the deals for the consumer are getting less favorable. As a result, many...Read More
When is the right time for lawyers to purchase an ERP? Founders Professional is a national wholesale insurance brokerage focused exclusively on the placement of professional liability insurance. We have extensive expertise in Architects & Engineers, Cyber, Technology, Financial Institutions, Lawyers, Healthcare, Management Liability, and Miscellaneous Professional lines. One of our six Practice Groups is...Read More
New Market – CapSpecialty January 4, 2021 CapSpecialty’s Architects and Engineers professional liability product is designed for professional design and engineering firms, with a particular focus on those that have experienced a severe claim event or a frequency of claims in their recent history. CapSpecialty’s underwriting team understands each insured has a story and remains...Read More
New Insurance Exposures for Real Estate Agents, Property Managers, and Property Inspectors July 2020 The cost of professional liability insurance for real estate agents, brokers and property managers seems to be on the rise. Why now? Why this sector? Insurance carriers have been taking a step back, and have been re-evaluating the real estate sector...Read More
In the world of claims-made insurance policies, the retroactive date, or prior acts date, is everything to your insured. This is the date that starts uninterrupted claims-made coverage, with the insurance company the insured is currently with, no matter the company the insured started the retro date with. A claim reported within the current policy...Read More
COVID-19 is Changing Daily Life for Lawyers Across America April 16, 2020 A lot has changed since the last time America saw something even close to what she’s in the middle of right now. Not the least of which is the legal industry and its influence on the cultural and economic landscape of our country....Read More
