October is National Cyber Security Awareness Month


As a partner for Stay Safe Online, we are providing weekly tips throughout October to help you protect yourself and the company from cyber security threats. Online safety is our shared responsibility.


Set the privacy and security settings on websites to your comfort level. It’s OK to limit how and with whom you share information.


Information about you, such as purchase history or location, has value. Be thoughtful about who gets that information and how it’s collected by apps and websites.



Keep all software on internet-connected devices – including PCs, smartphones and tablets – up-to-date to reduce risk of infection from malware.


Think before posting about yourself and others online. Consider what a post reveals, who might see it and how it could be perceived now and in the future.

For more tips to use at work and home, visit: Stop | Think | Connect campaign site and SANS.org.

Read our related posts on cyber security:

For more details about AMT Warranty feel free to visit: http://blog.amtrustgroup.com/policywire/october-is-national-cyber-security-awareness-month


Seven Things Every Agent Should Know about Our Nonprofit Insurance


From funding critical research and feeding the less fortunate to fostering education and protecting our natural resources, nonprofits have incredibly important missions.

Realizing the unique risks nonprofits face, AmTrust offers coverage specifically designed for these organizations, allowing them to focus on what they do best: helping others.

Organizations across the country have partnered with our team of nonprofit insurance professionals. Here are seven ways AmTrust can help you build a profitable book of business:

7 Things to Know About Non-Profit Insurance

1. We have an extensive coverage appetite.

  • Because the nonprofit universe is broad and diverse, AmTrust insures organizations representing over 65 classes of business
  • We cover human services, education, mental health and crisis intervention, housing and shelter, religious institutions, youth development, arts, culture and humanities, animal care, philanthropy, environmental services and more

2. We tailor our coverage to fit each nonprofit.

  • Realizing that not all nonprofits have the same exposures, AmTrust tailors its coverage plans to address the most common exposures of each organization
  • Our specialty endorsements include educators’ liability, social work, foster care and counseling liability, incidental and vicarious medical liability, special event liability and others

3. Our coverage is designed to protect the most vulnerable.

  • With many nonprofits serving the needs of children, the elderly and individuals with disabilities and addictions, our coverage includes various types of abuse

4. We offer management liability coverage.

  • Our plans help protect nonprofit directors, officers and managers against exposures ranging from fiduciary malfeasance to wrongful termination claims
  • We offer up to $10 million in directors and officers, as well as employment practices liability coverage, with additional coverage available

5. Optional umbrella coverage means additional protection – and peace of mind.

  • With limits up to $10 million above primary liability, this coverage will help protect your customers against major claims and lawsuits

6. We provide coverage that few of our competitors do.

  • Unlike most nonprofit insurance carriers, AmTrust offers many nonprofits workers’ comp coverage

7. Our team is focused on Nonprofits.

  • With a desire to be a true partner, our team of underwriters, underwriting assistants and managers knows nonprofit insurance because it’s all we do
  • Your customers will receive the empathy and ongoing support of professionals who truly understand their organizations

Supporting you every step of the way

At AmTrust, our commitment to your success doesn’t end the moment a policy is written. It continues throughout your relationship with your customers – from our submissions platforms to our payment options and more.

For more details about AMT Warranty Corp feel free to visit: http://blog.amtrustgroup.com/policywire/seven-things-every-agent-should-know-about-our-nonprofit-insurance


What is Inland Marine Insurance?


The concept of Inland Marine insurance may be hard to wrap your head around, especially since the terms “marine” and “inland” seem to contradict each other. So what does inland marine insurance cover and how can agents help their clients understand how it protects their business from liability?

Here’s an overview of Inland Marine insurance and why it’s a key component of AmTrust’s businessowners policyand an add-on option for our commercial packages.

                                    Inland Marine 101 by AmTrust Financial

A brief history of Inland Marine insurance

When business insurance was in its infancy, Ocean Marine insurance covered ships from losses acquired on their way to port. For example, if any goods were damaged from your ship getting caught in a storm, Ocean Marine insurance would compensate you for some of those financial losses.

This offered businesses sufficient coverage when boats were the primary means for shipping.

But over time, more businesses began transporting goods over rivers and land by trains, trucks, barges, and buses. Cargo still needed to be protected, so insurers began offering inland marine policies as a branch of ocean marine coverage.

What does commercial inland marine cover?

In general, commercial Inland Marine insurance covers any property that is movable, transportable, or involved in transferring information. For example, these are some things that Inland Marine insurance might cover:

  • Contractor’s equipment
  • Valuable artwork, like paintings, photographs, and sculptures
  • Transportation equipment such as food trucks or cargo vans
  • Mobile tools and equipment for construction, landscaping, etc.
  • Property in transit like construction tools and supplies
  • Computer equipment, including servers and laptops
  • Communication equipment and networking tools
  • Scientific and medical equipment

What are inland marine risks?

If you’re thinking about getting Inland Marine insurance, it’s important to consider the nature of your business operations. While it was developed to protect against losses while shipping goods, Inland Marine insurance may protect your business against a myriad of other property damage risks. Some of these include:

  • Bailee’s customer coverage: This is designed to protect your business from liability if a client’s’ property is damaged in your care, like if you operate a repair shop.
  • Builders’ risk: During construction projects, builders’ risk can protect the structures and materials used.
  • Exhibition and fine art coverage: If a valuable piece of artwork is on display, in transit, or on loan, exhibition and fine art coverage is designed to protect it.
  • Installation floater: This can cover goods from damage once they’re loaded on a truck until they are put to use.
  • Motor truck cargo coverage: When your business is transporting goods or delivering them to a client, this coverage can protect goods from damage.

Does my business need Inland Marine insurance?

If you’re considering Inland Marine coverage, your insurance agent can help you decide if it’s right for your business. Often, Inland Marine is included in a BOP or package and is bundled with other coverages such as crime, general liability and property.

For more details about AMT Warranty feel free to visit: http://blog.amtrustgroup.com/policywire/what-is-inland-marine-insurance

Help Minimize Flood Damage from Hurricanes and Storms


Each year flooding causes severe damage to many homes and businesses across the US. Just last year, NOAA’s National Centers for Environmental Information (NCEI) said the US experienced a historic year of weather and climate damage.

Much of the damage last year occurred from hurricanes and related flooding. (Related post: create your hurricane management plan.)

Even if you aren’t in the direct path of a hurricane, the heavy rain can spread across a big part of the country, increasing the risk for flooding. And with storm season ranging from spring through fall, floods can occur throughout the year even when hurricanes aren’t hitting the coast.

Since floods can occur anywhere, preventative steps can help protect your business so it remains open during or re-opens quickly after a flood disaster. Flooding can happen with little to no warning, and taking steps now that are designed to prevent or reduce flood damage will help your business minimize damages should your business be in the path of rising water. Read more on how to prepare and protect your business from floods as well as our flood checklist.

Watch our video below to get tips on how you can help prepare your business to minimize flood damage.

It’s also a good idea to review your property coverage with your agent to see what kind of flood protection you have – not all packages or BOPs provide full coverage, especially in high risk areas.

For more details about AMT Warranty Corp feel free to visit: http://blog.amtrustgroup.com/policywire/help-minimize-flood-damage-from-hurricanes-and-storms

Register for free webinar on preparing for digital & technology innovation in the insurance industry


Are you ready for what the future holds for the commercial insurance industry? Technology continues to be a growing force that is rapidly changing how we do business, and agents who embrace and learn these new advancements will be in the best position to help their clients be successful and capitalize on opportunities.

Join AmTrust’s Matt Zender (Senior Vice President of Workers’ Compensation Product) and Scott Stevens (Vice President of Underwriting) as they speak about the ch

The free webinar, “How to Build an Innovation-Ready Foundation,” is sponsored by Insurance Nexus and takes place Wednesday, Sept. 19th at 11:00 AM (CT)/12:00 PM (EST).allenges and advantages of underwriting in a digital age and the transforming insurance landscape.

Featuring speakers from several leading insurance companies, topics discussed from industry thought leaders will help listeners learn how to:

  • Embed a Culture of Innovation: Develop an appetite for innovation, adopt a “test-and-learn” methodology and bring the whole team along for the journey
  • Prepare for the Tech Transformation: IoT, AI, automation, chatbots, blockchain – capitalize on the rapid tech innovation creating endless opportunity with a flexible data foundation
  • Give Customers More Than They Want: redefine insurance to provide the valuable products and services that will cement your place in customers’ minds as their risk partner

Register now. Can’t attend the webinar live? Make sure you click the link to sign up, and you’ll receive a recording after the event.


insurance webinar

Working hard to provide reliable, affordable coverage


When it comes to workers’ comp insurance, every business wants options and value. At AmTrust, we can help you provide your customers with both. Main street businesses all over the country, and all over Pennsylvania, rely on the AmTrust name because we offer:

  • Customized coverage, backed by the services and financial strength of a Fortune® 500 company
  • Reputable service, supported by an “A-” (Excellent), FSC “XV,” Stable Outlook rating from A.M. Best
  • Experience as one of nation’s largest writers of workers’ comp insurance that gives us the insight to anticipate and accommodate the changing needs of businesses serving dozens of industries

Here are six ways AmTrust can help you build a profitable workers’ comp book of business:

1. We work with multiple rating companies.

  • By tapping into our network of LCMs, we can give our agent partners a competitive edge
  • Our affiliate LCMs provide us with a range of pricing options that you can build into your coverage proposals for your customers

2. We have an extensive coverage appetite.

  • More than 350 classes of eligible business
  • Coverage includes artisan contractors, beauty shops, buildings, doctors and dentists, grocery stores, private schools, professional offices, retail and wholesale stores, and restaurants
  • Wide range of low-risk preferred class codes gives you the flexibility to earn competitive commissions

3. We are leaders in loss control.

  • Equip your customers with the resources, training and confidence they need to create – and maintain – a safe workplace.
  • Loss control specialists provide every insured with an in-depth risk assessment, on-demand safety education, expert training and ongoing support
  • Strategic approach to loss control will lead to not only increased safety, but also direct cost savings for your customers’ businesses

4. We provide unparalleled claims management.

  • Averaging more than 20 years of experience per adjusters
  • Our claims adjusters are able to maintain focus due to below industry average workloads – AmTrust adjusters handle 115 claims per month vs 140, the industry average
  • Team approach to the claims-filing process between the injured worker, employer and medical professional. In Pennsylvania, our triage-trained nurse case managers assess each severe injury and then work with an adjuster to ensure the claim is filed successfully

5. Our technology ensures a quick turnaround.

  • Online system targets our most select job classes, enabling same-day binding of coverage with minimal underwriting
  • Allows you and your policyholders to view policies and claim details whenever and wherever it’s convenient
  • With our Direct Submit system, you can generate a quote indication that will be submitted directly to an underwriter for consideration

6. We give customers a say in how they pay.

  • To help you accommodate your customers, AmTrust offers an array of payment options.
  • These include AmTrust AutoPay (direct debit), electronic check (online or by phone) and Pay-As-You-Owe® (PAYO®).
  • PAYO® offers a simplified automated process that eliminates the need to write checks or pay individual invoices to maintain coverage. It also allows policyholders to bind their workers’ comp coverage without putting any money down at the inception – or renewal – of a policy.

Supporting you every step of the way

At AmTrust, our commitment to your success doesn’t end the moment a policy is written. It continues throughout your relationship with your customers. Whatever you need to support them – from our submission platforms to our payment options – we have you covered.

For more details about AMT Warranty feel free to visit: http://blog.amtrustgroup.com/policywire/six-things-every-agent-should-know-about-our-workers-comp-insurance

The cyber insurance market is worth $2 billion and growing. What does that mean for agents?


The cyber insurance market is booming. And with more businesses feeling the effects of data breaches and cyber attacks, the value of cyber insurance’s market share is expected to continue climbing.

This year alone, stand-alone and package cyber premiums were valued at $2 billion. That’s projected to reach $20 billion by 2025, representing a burgeoning opportunity for insurance providers everywhere.

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The cyber liability insurance market may be in its infancy, but it’s one of the industry’s fastest growing segments and it shows no signs of stopping. Here’s what that means for the insurance industry and agents.

Year over year cyber insurance market growth

Cyber incidents are considered the #1 emerging risk in the near future. And as the cost of these threats increase, the value of insurance premiums will rise with them.

In fact, stand-alone cyber direct written premiums grew 7 percent in 2017 to $986 million, according to a recent report. It also found that stand-alone and package cyber premiums combined grew more than 50 percent.

The data makes it clear: the cyber insurance market is flourishing and growing faster than agents can keep up with.

An opportunity to specialize

Cyber incidents represent a broad, unpredictable risk — especially as new technologies emerge. On top of that, many insurance providers are facing talent shortages, with more than 400,000 professionals expected to retire over the next few years. In this landscape, more agents will need to specialize in cyber liability to keep with the pace of growth.

For agents, understanding and specializing in cyber insurance adds more value to their customer base since the exposure is growing and difficult to understand. As the cyber industry matures, agents with the most knowledge, expertise and experience in the field will be invaluable.

 A need for more claims data and a standard policy definition

There is no true definition of what cyber insurance includes, since it’s a new field lacking maturity. That means insureds can expect differences in coverage across providers, even as more cyber policies emerge each year.

One reason for this is a lack of claims data, which drives differences in coverage and makes it difficult to evaluate risk and create predictive models around cyber threats. This poses an interesting challenge to providers — especially with the rapidly changing nature of cyber threats. But as providers sell more cyber policies, they must use claims data they collect to understand the risk of cyber threats and craft better, more comprehensive coverage.

Education for the insured

Many businesses may not realize they need cyber insurance, or may not understand it. Agents can help educate insured about known risks, how cyber losses are compensated and what coverages are available. Business may think their other policies – property, liability, business interruption – cover cyber related incidents, but often policies do not explicitly include or exclude cyber coverage, leaving it in a grey area. The best way a business can protect themselves likely is to have a cyber liability insurance policy.

The future of cyber insurance’s market share and performance

Now is an exciting time to enter the cyber insurance game, as most policies and coverage areas are still being defined. It’s a relatively new field within the insurance world, and we’re excited to watch the cyber market develop over the next decade and beyond.

For more details about AMT Warranty Corp feel free to visit: http://blog.amtrustgroup.com/policywire/the-cyber-insurance-market-is-worth-2-billion-and-growing.-what-does-that-mean-for-agents