Insurance agents have experienced many business disruptions over the past couple of years, as they work to provide insureds with the policies they need most while adapting to fast-changing market conditions. Many insurance companies have worked to “de-risk” their businesses recently, developing exclusions around COVID-19,...

updated 3/3/22 to reflect 2021 "financial strength" numbers Hard Market Insurance: How We Can Help Prime Insurance Company is the solution for a hardening market. First and foremost, we have never cancelled a class of business and we don’t plan to. We believe a key to our...

As the COVID-19 pandemic continues, insurers also continue to face a hardening market. Directors and Officers insurance and excess liability insurance are particularly hard-hit. Now more than ever, it is vital to ensure your clients have insurance. Prime Insurance Company is still offering coverage in...

In a hardening insurance market, insurance producers have to grapple with increasingly challenging risks and increasing insurance prices. In the past, insurance producers have dealt with hardening insurance markets for various reasons, from natural catastrophes to the economic downturns. The latest threat to the world...

Before 2020’s COVID-19 pandemic truly took hold, we were already entering a hardening insurance market. With the economic impact of the new coronavirus still unfolding, it is clear that we are now in a hard market. In a hard market, insurance is more expensive and more...

When The Standard Market Says No Let's face it, rejection happens. Most risks will find placement on the standard market among admitted insurance carriers. But not all. Standard market risks are considered to have favorably low exposure to loss, are traditional in their coverage needs and fit into typical...

One of the more ambiguous terms in the insurance lexicon is “Hard-To-Place Risk.” The more this uncertain phrase is unpacked and understood, the better producers are positioned to identify and write such risks in their book of business. To dig a little deeper. Often disregarded or baffling, they...

Prime Insurance Company specializes in writing unconventional and challenging risks beyond the appetite and capacity of the standard market. Over the past 30 years, brokers and agents have developed trust in Prime Insurance Company as a carrier that provides a stable market for their specialty...