Tag: commercial insurance



Insurer first to include Cyber-Attack Property Damage Cover

Posted on 4 May, 2014 by Cliff Goodwin under Business News, Industry News

American International Group (AIG) is thought to be the first company in the world to offer cyber insurance cover that includes damage to commercial property. In a unique move, the global insurer has also expanded its protection to compensate for security... Read More

US Commercial Insurance Prices Rising

Posted on 16 March, 2014 by Jodee Redmond under Worldwide Property News

Commercial insurance costs in the US rose by five per cent in aggregate during the fourth quarter of 2013, according to figures included in the Commercial Lines Insurance Pricing Survey (CLIPS). It was conducted by Towers Watson, a professional services... Read More

Tips for Choosing the Right Commercial Property Insurance Policy

Posted on 20 February, 2013 by Jodee Redmond under Industry News

Buying a commercial insurance policy is not a decision a property owner should make lightly. It is one that requires careful thought and should not be unduly influenced by a persuasive marketer. This is the type of produce that one buys hoping that it... Read More

Counting the Cost of Hurricane Sandy

Posted on 3 February, 2013 by Jodee Redmond under Worldwide Property News

Despite substantial commercial insurance claims following Hurricane Sandy demand surge has been minimal to date, according to an industry expert. Jason Taylor, assistant vice president of business development for Xactware, stated recently that price rises... Read More

Commercial Insurance Premiums Growing Faster in Emerging Markets

Posted on 21 October, 2012 by Jodee Redmond under Worldwide Property News

From 2000-2010, commercial insurance premiums were nearly three times higher in emerging markets compared to advanced ones. According to a new report released by Swiss Re, insurers can expect to see more opportunities for growth in these regions, and economic... Read More