Professional + Financial Services

AmWINS has expertise in coverage for administrative services, professional services, finance and insurance, and management.

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Property + Casualty

As a leading professional liability insurance broker of financial, professional, and management risks, our nationwide team of experts works directly with retail agents and brokers to effectively address and mitigate risks with strategies that provide coverage for both company and personal assets.

In addition to a complete range of solutions for high-risk professional liability clients, we offer the benefit of binding authority in a number of E&S markets, making it simple to write and place coverage. Annually, we handle more than 50,000 submissions and place more than $914 million in premium. 

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London Expertise

As a company, we have built specialized solutions for unique problems, and our professional lines practice uses the expertise of our London-based colleagues at THB Group to market on behalf of our U.S. retail clients. This gives our retail partners the assurance that we are using the full resources within the AmWINS organization to solve their clients’ problems.

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Recent Insights

Professional Lines, Property & Casualty

Modernized Disgrace Insurance Addresses "Bad Behavior" in the Internet Era

10/16/19

Having a superstar personality associated with a brand can create buzz and drive revenue. However, high-visibility individuals can also come at a high unintended price if their misbehavior creates a public scandal. This article examines modern disgrace insurance and how social media has created the need for a product that differs from traditional management liability and legacy products to help companies manage celebrity risk.

Professional Lines, Property & Casualty

Disgrace Event Claim Scenarios

10/16/19

Disgraceful behavior incidents by celebrities and entertainers are at an all-time high and can be costly, both financially and reputationally, to the consumer brands, sports teams or production studios that employ them. These scenarios of recent disgrace events provided by SpottedRisk, creators of the modern Disgrace Insurance product, that illustrate how a claim would have been triggered under this product.

Casualty, Professional Lines, Property, Property & Casualty

From Seed to Sale: The Top 5 Issues Impacting the Cannabis Insurance Industry

09/19/19

​Over the last few years, the legal cannabis industry has seen rapid growth and had a significant impact on the U.S. economy. With states continuing to legalize its use, insurance needs for cannabis-related businesses are becoming a popular topic of discussion. This article examines the evolving cannabis industry by exploring five key issues impacting coverage.

Casualty, Construction, Professional Lines, Property, Property & Casualty

A Bird’s-Eye View: Insuring Drones in the Construction Industry

08/22/19

The use of drone technology in the construction industry can revolutionize the lifecycle of a project and provide a contractor with a competitive edge. With the significant increase in the usage of drones, it's important that contractors employ sound risk management strategies and analysis in order to protect their business. This article explores the benefits of utilizing drone technology, associated risks, and legislative issues, as well as insurance coverages to consider.

Casualty, Professional Lines, Property, Property & Casualty

Identifying Anti-Stacking Provisions in Policy Language

05/16/19

​Anti-stacking provisions are designed to ensure that an insurance company will not apply multiple sets of limits to a single loss event. These provisions can have a significant impact on claims and may be designed for application to intra-policy and inter-policy loss events as well as deductibles. Through various examples and scenarios, this article explains what anti-stacking provisions are, how to identify them in a Property, Casualty or Professional Lines policy, and what they mean to policyholders.

Cyber Liability, Professional Lines, Property & Casualty

Understanding Social Engineering Schemes to Mitigate Risks

02/19/19

Social engineers exploit human emotions, rather than using sophisticated software or hacking technology, to bypass the most iron-clad security measures. In the second part of our Social Engineering series, we identify examples of schemes employed by social engineers and how to design and implement comprehensive security practices to mitigate the risk of a loss.

Cyber Liability, Professional Lines, Property & Casualty

Social Engineering: An Increasing Risk That Requires Increased Coverage

01/24/19

Increased regulations have made pure technological cyber-attacks more difficult and costly, causing cyber criminals to shift their focus to social engineering. Although traditional commercial crime policies contain a computer fraud and funds transfer fraud insuring agreement, courts have generally held that claims arising from incidents where the insured voluntarily transfers funds – many of which arise from social engineering – are not covered. This article examines key court rulings and how to fill in potential coverage gaps.

Professional Lines, Property & Casualty

Ego D&O: Moral Hazards in the Age of Social Media

​With rapid expansion of social media and blurring of company officers' personal and official personas online, the D&O risks for companies have grown significantly. This article examines the fallout from Elon Musk's infamous tweet about Tesla stock to illustrate how an officer's social media presence is a potential risk factor. With the market at a critical juncture in the underwriting of D&O coverage, this article also provides insight into essential risk management components.

Casualty, Professional Lines, Property, Property & Casualty

State of the London Market

Over the past few years, the majority of open market underwriters have experienced a deterioration in their loss ratios after years of market growth in a declining rating environment. While the management team at Lloyd's has taken a very strong and public stance on moving quickly to seek a solution, the outlook is not nearly as gloomy as has been portrayed in the media. This article provides a glimpse into Lloyd's sustainability strategy and the London market outlook for 2019.

Manufacturing, Marine and Logistics, Professional Lines, Property, Property & Casualty, Transportation

Freight Forwarders Risk: A Growing and Evolving Market Segment

Many businesses that depend on the export and import of goods contract with freight forwarders to manage the intricate logistics of international trade. As the number of freight forwarders operating in the United States continues to grow and their roles continue to expand, new risks are being generated that require quick adaptation and innovative underwriting solutions. This article identifies the ever-evolving risks that freight forwarders face and explores coverage options for this growing market.

Cyber Liability, Professional Lines, Property & Casualty, Transportation

Top 10 Cyber Risks Facing the Transportation and Logistics Industry

​Every industry has exposure to cyber risks, including transportation and logistics. While these industries worked from paper and wheels for many years, now there are both internal and external networks that are critical to operating in this industry group. This article discusses the unique cyber risks facing the transportation and logistics sector, coverages to address these threats, and proactive cyber risk management tools.

Casualty, Professional Lines, Property, Property & Casualty

Claims Reporting: Better Late than Never?

A common complication during the claim process is the late reporting of claims. In some cases, a late claim can put the agent or broker's own E&O policy in jeopardy. There are many reasons for missing a reporting deadline; however, in most cases, they will not matter to the insurer or the courts. This article discusses typical claim reporting requirements, common causes of late reporting, and recommendations to mitigate the risk of late notice claim denials.

Cyber Liability, Energy, Professional Lines, Property & Casualty

Cyber Liability in the Energy Space: Critical Coverage for Critical Assets

In 2018, companies within the energy sector rely heavily on technology to perform daily operations. With this increased connectivity comes increased cyber risk. As threats continually evolve, it is virtually impossible to adequately prepare for every type of cyber-attack; however, appropriate insurance coverage can play a key role in mitigating risk. This article discusses energy-related claim trends and the value that Cyber Liability policies can add to your coverage offering for energy risks.

Professional Lines, Property & Casualty

The Professional Services Exclusion: A Cautionary Tale for D&O Insureds

A professional services exclusion is found in most private company D&O policies, as well as in D&O policies issued to publicly traded companies that provide professional services, such as banks and financial advisory firms. Seemingly minor differences in the wording of the exclusion's policy terms have caused numerous claim denials. Learn what you can do to protect against insureds being caught by surprise by a carrier's denial based on an expansive reading of an exclusion.

Cyber Liability, Professional Lines, Property & Casualty

State of the Professional Lines Market - Q4 2019

11/07/19

The IPO and D&O market is the hardest in history and the pricing is three times more expensive for primary. In stark contrast, Financial institutions and cyber remain competitive. Wholesalers and retailers that specialize and collaborate are best positioned to succeed in our current marketplace.

Professional Lines, Property & Casualty

Employment Practices Liability in the Age of #MeToo

In 2017, the issue of sexual harassment – especially in the workplace – gained greater awareness as accusations of harassment by high-profile individuals were constantly in the news. In many cases, sexual harassment lawsuits seriously impacted businesses and their respective insurers. Employment Practices Liability Insurance not only provides protection against employee lawsuits, but can also help your clients mitigate their sexual harassment risks.

Cyber Liability, Professional Lines, Property & Casualty

Data Breach Trends from AmWINS Brokerage

Cyber risks are continually evolving and AmWINS Professional Lines practice is dedicated to helping you understand the risk and find insurance solutions to mitigate those risks.

Cyber Liability, Professional Lines

Cyber-Crime and Social Engineering Insight from AmWINS Brokerage

As Cyber exposures continue to evolve, it is increasingly important to understand the risks, the potential costs and which type of insurance policy responds.

Healthcare (P&C), Professional Lines, Property & Casualty

How To Protect Your Clients From Evolving Healthcare Regulations

The False Claims Act (FCA) is a law that imposes liability on persons or companies who have defrauded government programs and is the primary litigation tool used in combating fraud against the government. These tips and trends will help you navigate the changing healthcare landscape under the FCA.

Professional Lines, Property & Casualty

Is Your Insured’s Website Compliant with the Americans with Disabilities Act?

Recent court rulings, have extended the Americans with Disabilities Act (ADA) to apply to websites that are ‘heavily integrated’ with and serve as a ‘gateway’ to a physical stores/services. As a result, companies are now finding themselves targets for ADA claims based on the inaccessibility of their websites and media by those who are disabled. Learn how you can protect your clients.