Know Who is Saying No: The Critical Players in the Insurance Process

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Lowenstein Sandler LLP

In today’s episode, hosts Lynda A. Bennett and Eric Jesse break down who’s who in the insurance industry: the insurance companies, the brokers, the agents, and, of course, the policyholders. They explain why it is necessary to consider the reputation of your insurance company, as well as its financial strength; the difference between a traditional insurer, managing general underwriters, and non-admitted insurers; and the roles of the underwriters, claims adjusters, and brokers. They also provide some tips for policyholders on maximizing their coverage.

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