Welcome to The Betterley Report Blog on Specialty Insurance Products. In this blog, I hope to shed some light on the different specialty insurance products available to commercial insureds, and how individual products differ from one another. With luck, we’ll be providing information that helps readers choose the right types of products for themselves and their clients.
If you are familiar with The Betterley Report, you know that I write about specialty insurance products designed for commercial insureds of all sizes. I have been authoring these Reports since the mid-’90s (!), and am fortunate to have many of the leading insurance companies, agents and brokers, reinsurers, attorneys, and service providers, as well as Risk Managers and CFOs, as subscribers.
As I talk with my readers, they often ask me about new developments in the products I cover. With each Report limited to an annual freshening, we have not had a way to provide interim updates. I figure that this blog might solve that problem nicely, since I can report on new products and changes in existing products as they are hitting the market. Since I don’t want to just be an outlet for press releases, I’ll be sure to offer some observations about those products as well.
These Reports are available only to subscribers, and each Report is updated annually. Some of the products I research are Cyber Risk, Directors & Officers Liability, Technology Errors & Omissions, Employment Practices Liability, and Intellectual Property insurance. There are 6 Reports each year.
I write The Betterley Report for insurance professionals that want to find out who has the most appropriate insurance product for their clients, and for insurance companies looking for competitor intelligence. To be candid, I also write because I believe that comparative information helps drive improvement in the product . As an independent risk management consultant (which means I advise clients on the types of insurance they need and which insurers they should buy them from, as well as alternatives such as self insurance), improving the breed is a passion for me.
So, welcome – this is a work in progress, and I hope you will join me in moving the specialty insurance products business forward.
Note: just got my first comment on our October issue (covering Side A D&O products), so I’d better get blogging.