Preparing for the Unexpected with Umbrella and Excess Coverage

December 2017

CNA and Advisen are proud to release a white paper that highlights the advantages of getting umbrella & excess insurance coverage to keep liability claims from reaching crisis levels. The paper underscores that in terms of crisis management expense coverage, getting an umbrella insurance policy and excess coverage is like getting the right kind of prompt, empathetic response that can keep catastrophic loss from happening. It also features an infographic that shows what an umbrella policy does to assist a in mitigating reputational damage to the company and avoiding financial ruin.

Read more at https://www.advisenltd.com/2017/12/01/preparing-for-the-unexpected-with-umbrella-and-excess-coverage/

This story is an excerpt of the original. The content originally appeared in Advisen Media White Papers.

CNA | Advisen Ltd. December 2017. Preparing for the unexpected with umbrella and excess coverage [White Paper].

TigerRisk’s Rod Fox: Benign Catastrophe Losses Won’t Last Forever

NEW YORK—Something, according to Rod Fox, “is going on here.”

Wildfires in unusual locations; the hottest months on record in more than a century; early storms in the Atlantic Ocean; flooding in areas without a history of flooding; and earthquake faults overdue for a temblor point to a troubling realization: “We won’t have benign [catastrophe] activity forever,” said Fox, managing partner and CEO of TigerRisk Partners.

“There’s a fire in the hole,” he said during his keynote address at Advisen’s Property Insights Conference.

Read more at http://www.advisenltd.com/2016/06/28/tigerrisks-rod-fox-benign-catastrophe-losses-wont-last-forever/

Chad Hemenway, TigerRisk’s Rod Fox: Benign catastrophe losses won’t last forever (June 28, 2016), available with subscription at Advisen Professional Front Page News.