Professional Liability Brokers Wanted

April 24th, 2012

Immediate opening for an experienced Property and Casualty Producer to join a growing professional liability insurance brokerage located in Franklin Lakes, NJ. Our Agency, Axis Insurance Services, LLC has experienced 30-40% growth rate each year and is seeking to expand its national operations by adding additional new producers. The successful candidate will be [...]

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E&O Issues relating to Additional Insured Status

March 24th, 2012

Most insurance agents routinely issue Certificates of Insurance and Additional Insured status for their clients. Sometimes they have the authority to automatically issue the Certificate because of a blanket additional insured endorsement to the underlying policy. Many insurance agents believe this gives them Carte Blanc authority to issue those Certificates. That simply is not true.

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Customer Service Rep- Account Manager Professional Liability Insurance

February 20th, 2012

Customer Service Rep - Account Manager Commercial Lines Property Casualty Insurance
Immediate opening for an experienced licensed Property Casualty Account Manager for a Commercial lines Insurance Brokerage. We are a Professional Liability insurance brokerage located in Franklin Lakes New Jersey. The successful customer service candidate will work with a staff of 15 professionals in a growing and dynamic company. The company has grown over 500% in the past 4 years. This position offers a competitive salary, 401k and healthcare plan and offers significant growth potential.

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Seeking Manager of Marketing and Social Media

February 20th, 2012

Seeking a qualified marketing and social media specialists for a growing Professional Liability Insurance Brokerage located in Franklin Lakes New Jersey. The ideal candidate will possess significant research and writing skills. Light graphic arts skills will be helpful in this position but not required. The position will be responsible for directing the marketing efforts of our professional liability products to 50 states using multiple media outlets such as emails, blogging, writing and publishing articles, newsletters, arranging for conferences and other means. The company is a growing company, having experienced in excess of 30+% growth each year for the past 4 years. You will join a team of 14 professionals in 5 states. The company offers Health Benefits and a 401K.

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Receivership Bonds for Commercial Real Estate Properties

August 20th, 2011

Axis Insurance Services LLC provides E&O insurance coverage for a large number of commercial real estate firms. Many of our commercial real estate clients provide services as a court appointed receiver. These bonds vary by state and jurisdiction, but in general are guarantees by an insurance company of the payment of a specified amount of money in the event of a default by the Receiver. The cost of the bonds are typically inexpensive, ranging from $300-$500 apiece and can be obtained relatively quickly. When searching for a receiver bond you will need to know a few things of importance.

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Axis Insurance Services LLC at work in the community

August 18th, 2011

On Friday, August 12, 2011 four employees of Axis Insurance Services, LLC participated along with about 20 other PLUS Foundation volunteers at the DFOY’s International Youth Day. DFOY stands for Directions for Our Youth Inc and is a partner charity of the Plus Foundation. Live feeds of this event were shared between the New York event and other celebrations in Africa, Asia , Europe and the Americas.

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Why Private Companies need Directors and Officers Liability Insurance

August 13th, 2011

Private companies need D&O insurance as much as public companies. Many people come to us and ask why a private company would need D&O. It’s really simple. Directors and Officers can be held personally responsible for their decisions in developing and monitoring appropriate corporate behavior. Although, typically the Board of Directors is not responsible for implementing procedures, they are held responsible for oversight of the development and implementation of appropriate policies and procedures.

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Document all client communications to avoid E&O claims

August 6th, 2011

We find many E&O claims averted simply because of a properly documented file. Often you do not have written correspondence from a client on a specific issue. In these cases, take a minute to write out the jest of a conversation in the client file with a date and time stamp.

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Has the line between Agent and Broker been blurred

July 28th, 2011

The role of the insurance producer has changed significantly in the past few years as clients and carriers are demanding a higher level of service from their insurance producers. Historically, the role of an insurance agent has been to sell products on behalf of a carrier. They were not charged with the role of providing the best coverage. Rather, they were charged with procuring the coverage requested by a client or informing the client that they cannot place the coverage. As a general rule the following definitions can apply to Agents and Brokers.

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Insurance polices don’t cover everything

July 24th, 2011

The most recent denial of a claim by Zurich for the Sony hacker case is evidence of the need for diverse insurance. Automobile insurance is designed to cover automobile exposures, E&O for professional services and G/L for liability related exposures. However, there are significant gaps between each of these policies that companies should [...]

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