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Download Now: EPIC's Property Market Report

Today’s Market: April 2024 As the property insurance market moves through its fifth year of rate increases and capacity cut backs, natural catastrophe losses continue to roll in; reinsurance costs continue to rise; inflation continues to impact valuations and most notably the prospects of climate change making things worse are keeping capacity from rushing in. With all that said, are things looking better? Where’s the market now and where’s it going? EPIC’s Property Market Update offers insights that will help you optimize your results in this challenging market. DOWNLOADABLE RESOURCES Download now: EPIC’s Property Market …

https://www.epicbrokers.com/insights/property-market-report-april-2024/

EPIC Welcomes Owen Igbinosun

Igbinosun Adds to Growing P&C Practice in Southern California EPIC is thrilled to announce that Owen Igbinosun has joined the firm as a Principal within our growing Property & Casualty team in Los Angeles. In his new role with EPIC, Owen will focus on real estate, private equity firms and private equity-backed portfolio companies. He joins EPIC with more than 13 years of experience in the insurance industry. “We are excited to welcome Owen to EPIC and know he will be a great addition to our Southern California team,” said Jim Gillette, President, Pacific South Region. “Owen’s expertise …

https://www.epicbrokers.com/insights/epic-welcomes-owen-igbinosun/

EPIC Welcomes Bryan Molen

Texas P&C Adds Molen to Growing Practice EPIC is excited to announce that Bryan Molen has joined the firm as a Principal within our growing Property & Casualty team in Dallas. In his new role with EPIC, Bryan will focus on risk management, construction and technology. He joins EPIC with more than 20 years of experience in the insurance industry, including a history of success in building and operating a multi-million dollar revenue book of business. Bryan is adept at working with high-level clientele, which will add further depth to the company’s already strong Texas Territory. “We …

https://www.epicbrokers.com/insights/epic-welcomes-bryan-molen/

New SEC Cybersecurity Rules: The Intersection Between the Rules & Insurance Coverage

… and regulators to reevaluate the need for heightened cyber oversight and reporting obligations. In July 2023, the U.S. Securities and Exchange Commission (SEC) announced new cybersecurity rules applicable to publicly listed companies and foreign private issuers. These new rules, effective December 2023, require two types of disclosures: Annual Cybersecurity Risk Management, Strategy and Governance Disclosure: Public companies will now be required to provide a description of their process for identifying and managing cybersecurity risk as part of their annual 10-K filings. The description in the Form 10-K will need to be sufficiently detailed to allow a reasonable …

https://www.epicbrokers.com/insights/new-sec-cybersecurity-rules/

EPIC Welcomes Ryan Staub

Staub Joins the Southeast Region as Principal, EPIC Motorsports EPIC is excited to announce that Ryan Staub has joined the firm as Principal, EPIC Motorsports. In his new role, Ryan will be responsible for helping the motorsport industry succeed through innovative insurance and risk management solutions. “We are fortunate to add Ryan to our team”, says Scott Davis, President, National Specialties. “Ryan brings his deep Motorsports expertise to our industry-leading Entertainment & Sports Practice. Partnering with Ryan continues our focus on specialization, driving best-in-class solutions and results to our clients.” Ryan joins EPIC from Lockton where he started …

https://www.epicbrokers.com/insights/epic-welcomes-ryan-staub/

Three Easy Steps to Vendor Due Diligence

… Unfortunately, this is not always a realistic or practical option for a variety of reasons. Several different resources can help you get started, but the amount of information can be overwhelming and confusing. The Cybersecurity and Infrastructure Security Agency (CISA), together with the Information and Communications Technology (ICT) Supply Chain Risk Management (SCRM) Task Force has put together a Vendor Risk Management Template available for your use. But, if you are looking for a valid starting point, below are three easy, practical steps any organization can take to get moving on the process of vendor due diligence: Step 1 – Prioritize …

https://www.epicbrokers.com/insights/three-easy-vendor-due-diligence-steps/

EPIC Welcomes Ivan Soto

Ivan Adds to Expanding Texas Construction Team EPIC is excited to announce that Ivan Soto has joined the company as a Principal for the National Construction Practice. Ivan will be based out of the Houston office. In his new role with EPIC, Ivan will use his strong background in the construction vertical to deliver highly customized solutions with economic impact. Ivan joins EPIC with more than 6 years of experience in insurance, serving as a Property & Casualty Risk Consultant, Risk Advisor and Vice President. “Through his unique perspective and dedication to serving clients, Ivan will contribute significantly to the success …

https://www.epicbrokers.com/insights/epic-welcomes-ivan-soto/

EPIC Welcomes Amanda Posey

Newport Beach/Southwest Property & Casualty Team Grows with Posey Addition We’re thrilled to announce that Amanda Posey has joined the company’s growing Property & Casualty team as a Principal in the Newport Beach office. Her area of focus will include Construction and Real Estate. In her new role, Amanda will be responsible for new business development, as well as the design, placement and management of risk management insurance programs and solutions for mid-market and large clients. Amanda joins the company with more than 15 years of experience serving as a Vice President and Account Executive Producer. “We are …

https://www.epicbrokers.com/insights/epic-welcomes-amanda-posey/