How Does General Liability Insurance Work For Commercial Landlords?

| January 23, 2020

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Plenty of commercial landlords never intended to get into the business; it just fell into their lap. They just happened to own a piece of real estate that made for a perfect office building. Or they found that their store was making them more money as a rental property than it was as a frame shop. Whatever the case may be — whether you intentionally invested in a commercial space or it just happened into your plans — if you're renting out your first commercial property, you have a lot of new insurance concerns to manage.

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Nexus Group

Headquartered in the heart of the London Market, the Nexus Group was founded in 2008 with the aim of becoming a leading, independent, international, specialty managing general agency (MGA). Driven by talent and innovation, Nexus is now a global business represented in eight countries, employing over 200 people and handling over £200 million in gross written premium each year.

OTHER ARTICLES

How Is COVID-19 Impacting the Insurance Industry?

Article | March 30, 2020

As the COVID-19 situation unfolds, governments around the world have a responsibility to look after their people, and most are doing exactly that with the resources they have at hand. Apart from government bodies and healthcare establishments, in unforeseen circumstances such as this involving loss of lives or jobs and the collapse of entire businesses, people are also looking to insurance organisations for support.

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Can AI Solve Health Insurance Fraud?

Article | February 18, 2020

Insurance fraud scams seem to make the news at least every month, as organized criminals seek to exploit the way insurers reimburse clinics, pharmacies and other providers for their services. What’s often shocking is how much money fraudsters can steal from insurers before they’re caught. Recently, in a single month, two separate alleged fraud rings based in California were busted for scams that investigators say netted $20 million or more.

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Can You Get Business Insurance without a Business License?

Article | March 16, 2020

Opening a business brings many questions, and the very fact that you’re interested in learning more about insurance for your company demonstrates your responsibility as an entrepreneur. In most cases, you don’t need to have your business license yet to purchase insurance for your company, which means you can get started on this critical task right away. However, you should know there are certain types of insurance you may be required to carry in order to get or maintain your business license. There are also other types you should obtain to protect you from the consequences of lawsuits or unexpected events down the road.

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Top 3 Challenges to Data Science and Machine Learning Adoption in Insurance

Article | March 27, 2020

Hiring people with skills in machine learning is extremely difficult across industries due to a shortage of talent and skyrocketing demand. But the insurance industry is better positioned than most to overcome this challenge via upskilling. With tens (possibly hundreds) of statistics-minded actuaries already on staff, providing the right tools to nudge them into the world of data science is a small step. Upskilling business staff is also a great way to fill talent gaps, and in many ways, it’s necessary for insurance businesses that want to democratize data science.

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Spotlight

Nexus Group

Headquartered in the heart of the London Market, the Nexus Group was founded in 2008 with the aim of becoming a leading, independent, international, specialty managing general agency (MGA). Driven by talent and innovation, Nexus is now a global business represented in eight countries, employing over 200 people and handling over £200 million in gross written premium each year.

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