By Jill Dalton, partner-in-charge, New York office, Dempsey Partners, LLC 

For many businesses, the 2012 U.S. East Coast hurricane season coincides with a particularly precarious time. Although the economy in some areas of the world appears to be edging toward recovery, budgets remain tight and insurance rates for property catastrophe coverage are up as much as 25 percent. 

Against this backdrop, agents and brokers have a critical role to play in supporting their clients. With catastrophic risks looming, they can help clients with pre-loss planning. Should a loss occur, they can guide clients through the catastrophe claims management process. Agents and brokers who excel in both areas bring substantial value to their clients that can strengthen relationships and enhance their business.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.