Adjusted Cash Flow/Benefits Paid
Adjusted Cash Flow/Benefits Paid is the ratio of adjusted cash flow to total cash benefits that are paid to insureds.
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Insurance Industry News from ProgramBusiness.com
Insuring High TechStorefront Owner Insure HiTech http://www.programbusiness.com/tracking/sftracker.asp?Sfid=264 is a wholesale brokerage specialized in professional liability products for the TECHNOLOGY, BIOTECHNOLOGY and VENTURE CAPITAL/HEDGE FUND industries.TECHNOLOGY
Errors & Omissions
Media Liability
Network Liability
Directors & Officers
Employment Practices
Fiduciary Liability
BIOTECHNOLOGY
Products Liability
Clinical Trials Liability
Directors & Officers
Employment Practices
VCs & HEDGE FUNDS
Management Liability (D&O, E&O, and EPL combined)
Fidelity / Crime
Examples of Recently Closed Transactions:
$30 million excess D&O/EPL coverage for a technology company
Annual premium: $136,000
$10 million Clinical Trials Liability coverage for a biotech company
Annual premium: $120,000
$4 million Professional Liability coverage for a law firm
Annual premium: $50,000
$1 million E&O coverage for a media company
Annual premium: $25,000
$2 million E&O coverage for a technology company
Annual premium: $23,000
$1 million E&O coverage for a media company
Annual premium: $18,000
$1 million Clinical Trials Liability coverage for a biotech company
Annual premium: $17,000
$10 million Umbrella coverage for a non-profit organization
Annual premium: $12,000
$1 million E&O coverage for an IT consulting company
Annual premium: $5,000
For more detailed information, visit the Insure HiTech Storefront at
http://www.programbusiness.com/tracking/sftracker.asp?Sfid=264.
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