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Wholesale Insurance Broker, Founders Professional, Ramps up Staffing with Three New Hires Three Talented Individuals Join Growing Specialty Insurance Brokerage   May 24, 2021 St. Petersburg, FL – On the tail of a banner year, and the increasingly complex commercial insurance market, specialty wholesale insurance broker, Founders Professional, is very excited to announce three new...
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Now Representing Hanover for Allied Healthcare Risks May 2021 Founders Professional is now actively representing The Hanover Insurance Group (Hanover) for allied healthcare risks. We are very excited to have a new admitted option for home healthcare, durable medical equipment and pharmacy risks. The option is available to package coverages together to take advantage of...
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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...
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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...
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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...
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Insuring the Directors & Officers (D&O) of a SPAC for their IPO A Special Purpose Acquisition Company or SPAC is an entity that has no operations. It’s a vehicle to raise capital through an IPO, that will eventually be used to acquire an existing private company, and that private company will become a publicly traded...
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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...
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This year may look different for all of us, but we’re doing our best. By Jaimee Williams-Caldwell December 01, 2020 These past eight months have been anything but normal for many of us, especially parents, and more especially, mothers. As I sit here writing this, I’ve got a baby in one arm and a toddler...
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The Differences Between the Admitted and Non-Admitted Insurance Markets It probably happens once every couple of weeks.  Being a wholesale Professional Liability broker, I present my retail-broker an option from a carrier that has better coverage, with a better rating, at a better price than the incumbent, but the insured stays put.  Less coverage, weaker...
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It’s the year 2020 and life as we know it has changed. Everyone is constantly washing their hands. We’ve all become too familiar with the terms “coronavirus” and “social distancing”. Working remotely and e-learning for our children is now the new normal. But what about the industries that can’t work from home? What about construction?...
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