Back To Terms Beginning With c
Commercial Blanket Bond
In a Commercial or Position Blanket bond, covers an employer for all employees on a blanket basis, with the coverage limit's maximum applicable to any one loss regardless of the number of employees involved. Both bond types operate in the same fashion, i.e., if only one employee causes the loss, or if identification of the guilty employee(s) cannot be made.
Insurance Industry News from ProgramBusiness.comJLT Grand Opening
Welcome to the grand opening of our newest storefront owner: JLT Facilities, Inc..
JLT Facilities, Inc is a Wholesaler / Program Administrator that works exclusively with licensed agents and brokers throughout the United States. We have been writing Professional Liability / Errors & Omissions coverage for over 20 years. Our in house underwriters provide the expertise and knowledge that is essential in obtaining the appropriate coverage for our agents & brokers.
JLT Facilities parent company is Jardine Lloyd Thompson Group, which is one of the largest insurance companies in the world. Being part of JLT Group has helped us establish many relationships throughout the Insurance Industry; in return we are continuously creating new programs. Our programs are developed with only those insurance carriers that combine a proven track record with a strong reputation for first class service. Once qualified, these carriers then provide our expert in-house underwriters with the ability to underwrite, price, issue and service policies as program administrators.
Take a moment to visit the JLT storefront and check out their Miscellaneous Professional Liability / E&O Coverage Program at www.programbusiness.com.Click for the whole story...