Insights

Understanding Types of Ownership and Insurance Coverage Options

Understanding Types of Ownership and Insurance Coverage Options

Trusts, estates, LLCs, and family limited partnerships are just some types of ownership used for properties and assets. They're gradually becoming more common because they're a good option for wealth management and the transfer of legal ownership for properties such as rental properties, personal homes, and vacation homes.  The benefits of these ownership types extend beyond wealth management;...

read more
CONSIDER THIS BEFORE INSURING YOUR NEXT HIGH VALUED HOME

CONSIDER THIS BEFORE INSURING YOUR NEXT HIGH VALUED HOME

When it comes to high net worth clients, things can get complicated. But properly insuring their homes doesn’t have to be… It is our responsibility as insurance agents and brokers to educate the homeowner on ways to protect their largest asset. Homes that have a Replacement Cost over $1,000,000 are considered “High Valued”. However, Replacement...

read more
LLOYD’S CLAIMS HANDLING

LLOYD’S CLAIMS HANDLING

When coverage is bound with Underwriters at Lloyds, London, several syndicates share a percentage of the total risk. The syndicates which bear the largest share of the risk are called the “leads” or “co-leads” depending on how many syndicates share a particular portion of any given risk. Quaker Special Risk has delegated authority for Lloyds’...

read more
THINK YOU DON’T NEED CYBER INSURANCE? THINK AGAIN.

THINK YOU DON’T NEED CYBER INSURANCE? THINK AGAIN.

If you are a business owner whose business is something other than information technology or network security, cyber insurance may seem unnecessary. Network security may seem like something you can just hire someone else to worry about. If you have even a single computer that is used in the course of running your business, however, you are...

read more
SPEND YOUR MONEY WISELY: A HOMEOWNERS GUIDE TO ROOFING MATERIALS

SPEND YOUR MONEY WISELY: A HOMEOWNERS GUIDE TO ROOFING MATERIALS

A roof replacement is one of the most expensive maintenance tasks homeowners will face. It’s important to make the most of every dollar spent on a new roof. The following roofing materials offer the high quality and durability that will serve you well for many years to come. Reflective shingles Also known as cool roofs, these shingles reflect...

read more
IMPACTED BY MALWARE? HOW TO MINIMIZE LOSSES DURING A RANSOMWARE ATTACK

IMPACTED BY MALWARE? HOW TO MINIMIZE LOSSES DURING A RANSOMWARE ATTACK

If you are not prepared, ransomware can be expensive. When one law firm was attacked, the total cost added up to $725,000 between the paid ransom and lost business. The attack began when a lawyer at the firm opened an infected attachment, which infected the firm’s entire computer network. To get their encrypted files back, the firm had to...

read more
DON’T LET HACKERS FOOL YOUR EMPLOYEES! 5 TIPS TO KEEP IN MIND

DON’T LET HACKERS FOOL YOUR EMPLOYEES! 5 TIPS TO KEEP IN MIND

When just one employee’s system is compromised, it can put your entire business at risk. Good security is a must! Even with good security software, end users must remain vigilant in order to keep bad guys out. To keep your business and your data safe, keep the following in mind: Always keep OSes and anti-virus programs up to date. Hackers find...

read more
EVERYTHING YOU NEED TO KNOW ABOUT LLOYD’S OF LONDON

EVERYTHING YOU NEED TO KNOW ABOUT LLOYD’S OF LONDON

Lloyd’s of London is one of oldest and best known insurance entities. Lloyd’s is not an insurance company, rather it is an insurance market that is overseen and regulated by the Lloyd’s Company. This company makes it possible for those with complex risks to find the coverage  they need. History of Lloyd’s of London In the 1600s, London’s...

read more
WHAT IS THE IMPORTANCE OF CARRIER RATINGS?

WHAT IS THE IMPORTANCE OF CARRIER RATINGS?

Business owners and consumers want to make sure that the insurance company they choose has the financial strength to handle their claims. To help individuals and businesses make good decisions, independent third party entities evaluate insurance companies to test their ability to serve their customers. These carrier ratings tell which companies...

read more
GET TO KNOW THE QSR EMPLOYEES

GET TO KNOW THE QSR EMPLOYEES

Since 1981, The MA office of Quaker Special Risk has been helping agents and brokers throughout New England develop unique insurance coverages for their clients. Quaker Special Risk is one of few Privately-Owned Surplus Lines brokers in the US. We are Independent, allowing us to be flexible & quick to adapt in the ever-changing E&S...

read more
5 TIPS FOR DEFENDING AGAINST THE DIFFERENT TYPES OF MALWARE

5 TIPS FOR DEFENDING AGAINST THE DIFFERENT TYPES OF MALWARE

In a world where computer use is necessary and ubiquitous, cyber criminals are always on the lookout for ways to exploit your resources and your data. Malware, ransomware and viruses cause millions of dollars in losses every year. Here are a few tips to help your clients avoid becoming a victim: Install a firewall on your computer. Firewalls...

read more
WHAT YOU NEED TO KNOW ABOUT RECONSTRUCTION COSTS

WHAT YOU NEED TO KNOW ABOUT RECONSTRUCTION COSTS

When a building is destroyed, your insurance company will work to make you or your business whole. In most cases, the insurance company will pay for reconstruction so that you can continue to live or work the way you did before the loss. There are many factors that govern how much it will cost to rebuild. There are higher costs associated with...

read more
OWNERS INTEREST CGL, OCP COVERAGE AND WRAP-UPS: WHAT’S THE DIFFERENCE?

OWNERS INTEREST CGL, OCP COVERAGE AND WRAP-UPS: WHAT’S THE DIFFERENCE?

During a construction project, a number of risks can arise. Property owners have several insurance options available to manage risks. There are three major types of insurance policies available to make sure that you are covered: Owner’s Interest Policies, Owners and Contractors Policies and Owner Controlled Insurance Policies, which are also...

read more
WHY INDEPENDENT AGENTS SHOULD CHOOSE INDEPENDENT BROKERS – LIKE QSR

WHY INDEPENDENT AGENTS SHOULD CHOOSE INDEPENDENT BROKERS – LIKE QSR

As an independent insurance agent, you know the unique benefits you offer to your clients. You can offer highly customized and personalized care. You can operate quickly to get them the coverage that they need. You are personally invested in giving them the service and protection that they need. When you work with an independent insurance broker,...

read more
WHAT YOU NEED TO KNOW ABOUT THE BLOCKED OVERTIME PAY RULE

WHAT YOU NEED TO KNOW ABOUT THE BLOCKED OVERTIME PAY RULE

A U.S. District Judge issued a preliminary injunction last month, preventing the new overtime law from going into effect on December 1st as planned. The rule would have affected over 4 million Americans. The new Labor Department rule would require employers to pay time and a half to employees who work more than 40 hours per week and earn less...

read more
4 REASONS TO ADDRESS ICE DAMS BEFORE TEMPERATURES DROP

4 REASONS TO ADDRESS ICE DAMS BEFORE TEMPERATURES DROP

While ice dams are an issue that crops up when the weather gets cold and wet, that is not the ideal time to deal with them. You can do better by preventing the issue before it ever happens instead of playing catch up when you already have ice dams on your home. A few of the reasons to address ice dams now: Prevention is better than fixing after...

read more
NANCY FLEK RETIRING AFTER 19 YEARS

NANCY FLEK RETIRING AFTER 19 YEARS

After 19 years of dedicated and loyal service, Nancy Flek will be retiring on September 9, 2016. Nancy has been QSR’s beloved receptionist since September of 1997. Over the years, she has truly enjoyed the daily contact with our Agents and Carriers. Nancy prides herself in having provided prompt, courteous, and professional service to all of...

read more
ARE YOU PREPARED FOR THESE 5 HIDDEN BACK-TO-SCHOOL INSURANCE RISKS?

ARE YOU PREPARED FOR THESE 5 HIDDEN BACK-TO-SCHOOL INSURANCE RISKS?

The change of seasons means that it’s time for students, both young and old, to head back to school. As a result, your clients will be facing risks that are not an issue at other times of the year. Make sure that you and they are prepared for higher insurance risks in these five areas: Car accident risk from young drivers. A regular commute to...

read more
5 WAYS TO MITIGATE BUSINESS PROPERTY RISKS

5 WAYS TO MITIGATE BUSINESS PROPERTY RISKS

Do you know which risks are most prevalent in the area where you own property? Which losses are the most likely to occur and which will cost the most? By assessing your business property’s specific risks and working to mitigate them in advance, you can reduce the chances of a loss. Here are a few ways to take care of some of your most common...

read more

We’re excited you want to explore career opportunities at Quaker Special Risk!

You are about to be redirected to the careers page on our parent company website JencapGroup.com. Here you will find all available positions at Quaker as well as our affiliate companies.

Please wait while you are redirected or click here.