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Property & Casualty Insurance: A Rather Turbulent 2019

… free and easy in recent years, has abruptly retreated to the sidelines, reeling from red ink. But why? Record Insurance Losses in 2017, 2018, and 2019 Greater frequency of catastrophic events like hurricanes, floods, and wildfires, coupled with continuous rate decreases in past years, drove more companies to evaluate their risk tolerance and look for greater asset protection. Three of the top six largest losses since 1970 occurred in 2017. There have also been over $30B in wildfire losses in the past three years making it very tough for insurers to control costs. Top 10 Insurance Losses since 1990: Hurricane …

https://www.epicbrokers.com/insights/property-casualty-insurance-a-rather-turbulent-2019/

Covering Coronavirus: Risk Considerations Volume 1, Issue 2

EPIC Risk Advisory Bulletin Volume 1, Issue 2 Coronavirus continues to spread, leaving ramifications in its wake. This week, we’re taking a more focused look at two areas of business operations that will continue to be heavily impacted by coronavirus: Business Continuity Supply Chain Disruption The information below is intended to provide a high level overview of critical areas of concern for businesses around coronavirus. Consult your EPIC insurance broker for more in-depth guidance. Business Continuity, Planning and Preparedness As was mentioned in last week’s issue, the purpose of a Business Continuity Plan (BCP) is to provide …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-2/

2020 Q1 Energy Market Update

What Markets Indicate We Can Expect In 2020 As we come to the close of another quarter, we want to share a high-level overview of what we’re seeing across the industry, and what we think the market is going to do for upcoming renewals this year. Use the links below to jump to any one of the sections featured in this report. We’ll cover the following: Upstream Energy Midstream Energy Downstream Energy Power and Renewables Energy Casualty Energy Surety For any questions, please don’t hesitate to reach out to Nikki Howes and EPIC’s National Energy …

https://www.epicbrokers.com/insights/2020-q1-energy-market-update/

Matthew LeBlanc named Eastern Region Healthcare Practice Leader for Edgewood Healthcare Advisors

… in West Hartford, Connecticut. In his expanded role, LeBlanc will be responsible for overseeing the Edgewood Healthcare Advisors Eastern Region as well as retention and growth of the practice. He will continue his leadership role with the Physician Practice as well. LeBlanc has held positions as Partner/Broker at Healthcare Risk Specialists and Underwriter during his career. LeBlanc holds a Bachelor’s Degree in Public Relations from Quinnipiac University. He has also earned a Registered Professional Liability Underwriter designation. Said Susan Tewhill, National Managing Principal, “We are thrilled to have Matt step into this added leadership role and know that …

https://www.epicbrokers.com/insights/matthew-leblanc-named-eastern-region-healthcare-practice-leader-for-edgewood-healthcare-advisors/

Covering Coronavirus: Risk Considerations Volume 1, Issue 1

EPIC Risk Advisory Bulletin Volume 1, Issue 1 Coronavirus is an important and serious matter, both globally and in the United States. At EPIC, we have assembled a team to provide regular updates containing information and links to resources to help our clients respond to challenges associated with coronavirus. The topics addressed in this publication include: General information about coronavirus Supply chain and business risks Insurance products and coverage information Business continuity, planning, and preparedness Human resource policies and practices Recognizing that conditions will continue to evolve and change, we encourage you to reach out to your EPIC service team …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-1/

EPIC Announces Tim Brenneman as President and National Private Client Practice Leader

EPIC announced today that Tim Brenneman has been named President and National Private Client Practice Leader for its newly reorganized National Private Client Practice team reporting to Executive Chairman and Co-Founder John Hahn. “Tim is a well-known and respected leader in this space having built a formidable Private Client business for Cook Maran and Prime Risk. We are very excited about our strategy to change the game from a legacy transactional play to one of high touch concierge consultative services as well as creative risk management solutions for High Net Worth clients.” The national practice reinforces EPIC’s …

https://www.epicbrokers.com/insights/epic-announces-tim-brenneman-as-president-and-national-private-client-practice-leader/

EPIC Adds Dan Joyal as a Vice President

Edgewood Healthcare Advisors, a division of EPIC Insurance Brokers and Consultants, announced that Dan Joyal has joined the Boston healthcare team as a Vice President. Joyal has a decade of insurance industry experience with both retail and wholesale brokerages. Prior to joining EPIC, Joyal was with HUB International where he consulted and placed all lines of coverage in their healthcare vertical. His clients included physician groups, allied healthcare facilities, and life sciences organizations. Prior to Hub, Joyal spent five years with CRC Swett & Crawford focused on professional liability, executive liability, and cyber/privacy liability. Joyal earned a Bachelor of Arts …

https://www.epicbrokers.com/insights/epic-adds-dan-joyal-as-a-vice-president/

Coronavirus Alert: What You Should Know

The headlines have been dominated by an outbreak of novel coronavirus, first detected in Wuhan City, Hubei Province, China. As we continue to hear news reports about the spread of coronavirus, including several cases identified in the United States, we can’t help but wonder if there is something we should be doing to protect ourselves, our families and our work environment. As of February 3, 2020, the Centers for Disease Control and Prevention (CDC) has labeled the current coronavirus outbreak as a serious public health threat, but one where the immediate health risk to the general American public is …

https://www.epicbrokers.com/insights/coronavirus-alert-what-you-should-know/