Expertise

Commercial Property Insurance

Protecting your business starts with safeguarding the physical foundation that keeps it running. Our Commercial Property Insurance solutions are designed to provide comprehensive protection for your business assets, giving you the confidence to focus on growth and success.

What Does Commercial Property Insurance Cover?
Our tailored policies can include coverage for:

• Buildings and Structures: Protects the physical structure of your business, including walls, roofs, and permanent fixtures.
• Business Personal Property: Covers furniture, equipment, machinery, and supplies located inside or immediately around your building.
• Inventory: Safeguards your stock of goods and raw materials against damage or loss.
• Outdoor Signs and Landscaping: Provides protection for outdoor signage, fences, and landscaping elements essential to your business’s appearance and operations.
• Equipment Breakdown: Covers the repair or replacement of vital machinery and equipment in the event of mechanical or electrical failure.
• Business Interruption: Reimburses lost income and helps cover ongoing expenses if your business operations are temporarily halted due to a covered loss.

Whether you operate a single storefront, manage a multi-location retail chain, or own a large manufacturing facility, your property faces a wide range of risks — from fire, theft, and vandalism to weather-related events and unforeseen disasters. Commercial Property Insurance helps ensure that your buildings, equipment, inventory, and critical business contents are covered against financial loss.

Workers' Compensation Insurance

Workers’ compensation insurance provides vital protection for both employees and employers by covering liabilities related to workplace injuries or fatalities. This insurance helps pay for medical care, disability, rehabilitation, and survivor benefits for those affected by work-related incidents.

Business Owners Policy

The Business Owners Policy (BOP) is a combination of business property and liability protection specifically designed to meet the insurance needs of small and mid-size businesses. Your HUB advisor will help you fine-tune your BOP with the options that make sense for your line of business. Save money and eliminate coverage gaps with a business owners policy that includes:

Building and Business Property Insurance
Protect your business with coverage that will repair or replace damaged or destroyed buildings, equipment, stock, furniture or fixtures.

Business Liability Insurance
Protect your business against financial loss resulting from claims of injury to others or damage to property caused by you or your employees.

Business Interruption Insurance

Property, auto and other forms of commercial insurance will cover the cost to rebuild or replace damaged property — but not the losses that can occur while your business is disrupted. Business interruption insurance covers net profit, ongoing expenses and even extraordinary expenses when a business is disrupted by natural disasters, terrorism, employee fatality and even executive kidnapping.

It’s always better to be prepared. Business interruption insurance is one of those things that you don’t know you need until you need it. Business can be disrupted for any number of reasons. Natural disasters, equipment breakdown, local civil unrest, vandalism, loss of key personnel or a cyber breach — all of these could be covered by a policy that replaces your loss of income or profits until you’re back up and running again.

Business interruption insurance policies are especially important for companies with multiple locations, and those located in hurricane, earthquake, tornado-prone areas.

EPL Insurance

EPLI covers an employers’ defense costs and losses from employment-related claims, including wage and hour disputes and allegations of discrimination, harassment, retaliation and unlawful termination.

Do you need employment practices liability insurance? The short answer is yes. If you have employees, you have liabilities.

Cyber Insurance

Cyber insurance can help restore employee and customer identities, recover compromised data and repair damaged computers and networks, whether your business is the victim of a data breach, password attack, ransomware or phishing attack.

You could be at risk for a cyber attack. A staggering number of small and medium-sized organizations get attacked each year — many without the support of cyber insurance coverage. And if your systems or data are compromised, it can put you out of business or cause a significant financial loss.

Any business that stores data on a network is at risk for a cyber attack. Data privacy attacks now occur every 40 seconds in the U.S.

Without cyber insurance, you could be on the hook for state and federal fines and penalties, a forensic investigation, breach notification costs and even a class action or third-party lawsuit down the road — all hits on your balance sheet.

Cyber insurance covers the following first-party and post-breach expenses:

• Privacy attorney
• IT forensic investigation
• Compliance with state notification laws
• Credit monitoring for breached individuals
• PR firm to manage the crisis
• Regulatory fines
• Class action lawsuits resulting from the breach

There is no standard cyber insurance policy that can be applied to every business, so having an experienced broker will be key to making sure you’re adequately insured.

Liability Insurance

There are numerous external factors beyond your control that can influence the success of your business. Allegations such as misrepresentation, breach of contract, or wrongful business practices can arise unexpectedly, potentially disrupting your operations at any given moment.

Professional liability insurance provides valuable protection for your company in such cases. Also referred to as errors and omissions (E&O) insurance, it safeguards businesses from claims of negligence or harm that stem from the professional services or advice you've provided.

This type of insurance covers the costs of defense, settlements, judgments, as well as any fines or penalties incurred due to allegations of misrepresentation, breaches in professional services, wrongful practices, misleading advice, or conflicts of interest.

Aviation Insurance

Private air travel enables executives to make more productive use of their valuable time. But owning and operating comes with a long checklist of unique risks. It starts with a significant investment in an aircraft that must be protected and extends to potential liability for mishaps on the ground and in the air.

Start with proper and well-documented aviation insurance for the aircraft your company owns, operates and relies on to take you to new heights.

Coverage that’s right for your business
Our aircraft insurance specialists have the knowledge and expertise to help you navigate the risks of ownership with an aviation program that’s right for your business. Coverage may include:

• Aircraft hull
• Aircraft liability
• Aviation general liability
• Aviation products liability
• Aviation workers’ compensation

In addition, we offer many valuable services that can make owning, operating and protecting your aviation investment easier, such as:

• Contract review and analysis for risk and/or liability implications
• 24/7 emergency claims service
• Emergency response planning
• Arrangement of safety and engineering surveys
• Annual review of coverage, values and limits

Commercial Auto Insurance

From delivery and service vans to stretch limos and school buses, you rely on your vehicles to keep your day-to-day operations running smoothly. At the same time, employee safety is always a priority.

While you do all you can to ensure that your fleet is properly maintained and that your employees arrive at their destinations safely and on time, unexpected weather events or road conditions, not to mention other drivers, can quickly turn routine trips into journeys that change the course of your business.

Coverage that works for you
We are experienced with the transportation industry in securing commercial auto and fleet insurance for:

• Long- and short-haul transportation
• Hired and non-owned exposures
• Uninsured/underinsured motorists
• Medical payments
• Towing coverage

And, we work with you to create a commercial auto insurance policy that offers the right amount of coverage for:

• Property damage
• Bodily injury
• Physical damage caused by fire, hail and other risks

Crime Insurance

Research indicates that, on average, it takes about 18 months for fraudulent activities to be detected, potentially leading to significant financial losses. In fact, over 23% of fraud cases result in losses of $1 million or more.

These statistics highlight an undeniable truth: fraud is a widespread issue that every organization—whether private, public, or nonprofit—must be prepared to address. Fraud can stem from various sources, including employee or vendor theft, forgery, asset misappropriation, and fraudulent transactions or fund transfers. Ensuring you have the right protections in place against such risks is vital to safeguarding your business’s success.

Professional liability insurance helps cover the costs of legal defense, settlements, judgments, and fines or penalties arising from claims of misrepresentation, breaches of professional duties, unethical business practices, misleading advice, or conflicts of interest.

Directors & Officers

Directors and officers insurance (D&O) can cover your leadership’s defense costs and damages if they are named in lawsuits resulting directly from their decisions.

Private Companies
You may think that because you’re privately held or a family-run business, you’re not at risk. It’s time to think again. With exposures on the rise, any organization that has business relationships with customers and third-party suppliers is open to a lawsuit.

Nonprofit Organizations
Don’t wait for a lawsuit to happen — if you have an advisory board or committee, you run the same risks as private and public companies. And the mistake to go without directors and officers insurance can be costly and difficult to recover from.

Public Companies
If you have shareholders, you need directors and officers insurance. If shareholders feel misled by your leadership’s decisions, your company is at risk. With directors and officers Insurance, you give your leadership the peace of mind to act with confidence.

Environmental Insurance

Environmental liabilities are more common than you might think. They can arise for almost any organization, and the remedial costs — both direct and indirect — can be substantial. The majority of property and casualty policies do not insure pollution risk, which means that your environmental insurance policy is the sole means for you to recover losses caused by environmental issues.

What’s typically covered
Here are a few of the risks that your environmental policy can protect against:

• Asbestos
• Lead paint
• Mold
• Issues encountered during the development of brownfield sites (land previously used for industrial and some commercial purposes that may have been contaminated with hazardous waste or pollution)

When you collaborate with our environmental risk experts, you can negotiate policy terms and conditions that ensure your specific risk is properly transferred to the insurer. You’ll also enjoy lower premiums resulting from the enhanced buying power we possess as a major broker of environmental liability insurance.

If you work in one of the following industries, you can benefit from environmental protection insurance:

• Car dealerships, gas/service stations and garages
• Contractors
• Dry cleaning and laundry facilities
• HVAC contractors
• Healthcare institutions
• Hotels and other lodgings
• Real estate
• Shopping centers
• Utilities

Errors & Omissions Insurance

Errors and Omissions (E&O) insurance, also referred to as Professional Liability Insurance, safeguards you from the consequences of mistakes made while delivering professional services to your clients. This coverage includes protection against legal defense fees, judgments, settlements, and any fines or penalties resulting from claims such as misrepresentation, breach of professional duty, unethical business practices, misleading guidance, or conflicts of interest.

The purpose of Errors and Omissions insurance is to ensure that, in the event of an adverse outcome from the services you provide or advice you offer, you have financial protection. In these instances, the insurance helps cover defense costs, settlements, and any regulatory fines or penalties, when applicable, to shield your business from the financial burden of such claims.

Fiduciary Liability Insurance

As benefit plans become more complex due to healthcare and pension reforms and market and exchange disruptions, employers encounter a difficult landscape that can create both business and personal liability. Employers and leadership can be sued by plan participants, the Department of Labor and the Pension Benefit Guarantee Corporation with combined defense and settlement costs exceeding $1 million.

Employers offering benefits are considered “fiduciaries,” and many leaders can be held personally liable when managing these plans, putting personal assets such as family and college savings and homes at risk.

What’s typically covered
Fiduciary insurance, which is not covered by director’s and officer’s liability policies, provides financial protection for fiduciaries. It covers defense costs and settlements for claims of benefit-plan losses, including:

• Bad insurer, mutual fund or third-party administrator’s choices
• Plan administration errors or conflict of interest
• Benefits denial, changes or reductions
• Bad advice or improper counsel
• Funding a plan insufficiently or failing to diversify
• Choosing poor investments or squandering assets
• Terminating a plan incorrectly

Medical Malpractice Insurance

When selecting medical malpractice insurance for the committed healthcare providers in your practice, you deserve the same high level of guidance and support from your insurance advisor.

Medical malpractice insurance is a type of errors and omissions (E&O) coverage designed to protect healthcare professionals, including physicians, from lawsuits and claims arising from accusations of negligence that result in patient harm.

Mergers & Acquisitions Insurance

M&A Insurance, also known as Transactional Risk Insurance, is a range of coverage options intended to help both buyers and sellers reduce potential risks and ease the process of finalizing a deal. This type of insurance addresses concerns that may arise from issues such as contractual obligations, tax implications, or ongoing legal disputes that could affect a merger or acquisition.

Our M&A Insurance solutions are customizable to meet these specific concerns, providing assurance to both parties and helping to accelerate negotiations.