Bringing Policies in for a Tune-Up

Best's ReviewVol. 110 Nbr. 3, July 2009

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Summary


Given the recent shifts in the equipment-breakdown insurance marketplace, and the fact that today's equipment and machinery are advanced far beyond what anyone could have imagined a decade ago, now is the time to review the placement of your agency's equipment-breakdown insurance book of business. Associating your agency with a strong equipment-breakdown insurance carrier will make a difference, giving you the ability to be equipped to handle most of your client's equipment-breakdown issues. When choosing an equipment-breakdown insurance carrier for their clients, agents need to consider: 1. portfolio of coverage, 2. underwriting flexibility, 3. risk control services, and 4. technology loss trending.

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Extract


Bringing Policies in for a Tune-Up

Given the recent shifts in the equipment-breakdown insurance marketplace, and the fact that today's equipment and machinery are advanced far beyond wh...

See the full content of this document

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