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 AXIS Insurance Services Blog |
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Axis Insurance Services has succesfully written new Professional Liability Insurance business in July for the following risks.
Insurance Captive Manager $45,000
Structured Settlement Broker $5000
Insurance Broker $39000
Title Agent Owned by a developer $30,000
Mike W Smith, President and CEO of Axis Insurance Servces, LLC was recently a speaker at the annual NAI Global Asset Services Coucil in Cleveland Ohio. The topic of his presentation was relating to Errors and Omissions Insurance exposures for commercial real estate firms. In his presention he outlined how new services being provided by commercial real estate firms are increasing their exposure to E&O claims. Specifically, Mr Smith addressed receivership services, corporate services and asset management services that all fall outside of the traditional real estate expertise. His presentation was supplemented with real live example of claims scenarios and near misses. The presentation was enjoyed by all.
Mr Smith is a frequent speaker and writer on E&O related topics and available for other presentationsto the real estate Industry. Mike Smith is the President and CEO of Axis Insurance Services, LLC, a national Professional Liability Insurance Brokerage located in Franklin Lakes New Jersey.
Axis Insurance Services, a National Professional Liability Broker announces recent E&O placements.
Wholesale Insurance Broker E&O $15 million limits $149,000
Regional MGU E&O $3 million limits, $30,000
Large Insurance bank owned insurance agency $5M limits $191,000
Commercial Property Management Company $10 Million limits for $254,000
Title Agent with significant loss history $45,000
Axis Insurance Services continues to grow despite this down economy with a focus toward client needs and customer service. Mike Smith, President and CEO says, “we are continuing to expand our markets to have access to products and coverages that our competition simply doesnt seek. We are very pleased with our managed growth hope to continue at our current pace.”
Please feel free to contact Axis Insurance Services LLC at 201-847-9175 or visit us on the web at www.axisins.com
Mike Smith, President and CEO of Axis Insurance Services, LLC was a guest panelist at the annual summer Professional Liability Symposim sponsored by the Professional Liability Underwriting Society (PLUS) and the Insurance Brokers Association of New York (IBANY) . The topic of this panel was Diverifying Revenue Streams in a Soft Market. This session covered risk areas facing insurance agents and brokers as they attempt to diversify their revenue in this challenging market place. Several of the topics included, selling or closing your business, errors and omissions insurance issues, alternative markets that are unfamilar with the agent and multiple claims scenarios. The session was well attended.
For further information on this or other E&O related issues, please feel free to contact Mike Smith directly at 201-847-9175
