Epic Intermediaries
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Experts in Public Entity & Self-Insured Workers Compensation
News
Key Rate Change Predictions For 2015

We thought you would like to see these key rate change predictions provided by the Insurance Information Institute for 2015. Epic Intermediaries, a nationally renowned wholesale insurance broker specializing in public entity and self-insured workers’ compensation programs, also has a prediction for 2015. Retail agents and municipalities can benefit from innovative solutions and cost effective rates - if they reach out to Epic for assistance with their coverages. Here is what to expect in 2015:

PROPERTY
  • Non-CAT Risks:
  • -10% to -15%
  • CAT-Exposed Risks:
  • -10% to -15%
    CASUALTY
  • General Liability:
  • -10 to +10%
  • Umbrella/Excess:
  • -10% to +5%
  • Workers’ Comp:
  • -5% to +5%; up to +8% in CA
  • Auto:
  • -10% to +10%

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    Epic is proud to be a sponsor of the National African American Insurance Association (NAAIA) 2014 Annual Conference.

    NAAIA was organized to create a network among minorities who are employed by insurance companies or self-employed in the insurance industry in order to pool minority talent and contribute to the growth of not only the association but also its members through sharing of professional experience, knowledge, and information.

    NAAIA attempts, on a continuous basis, to promote professionalism in a manner that will lead to industry recognition and future career opportunities for minority insurance professionals. NAAIA also coordinates the national efforts of other African-American insurance organizations and professionals

    Reinsurance Interest Group presented its acclaimed “Reinsurance: State of the Art” Seminar

    In accordance with long standing tradition, the Reinsurance Interest Group presented its acclaimed “Reinsurance: State of the Art” seminar again this year at the Annual National Chartered Property Casualty Underwriters (CPCU) Conference in Anaheim, CA. Frank Nutter, President of the Reinsurance Association of America moderated a panel of industry professionals comprised of Barbara Bufkin, Executive Vice President at Guy Carpenter; Matthew Sweesy, CPCU, Vice President at Zurich North America; Nancy Bewlay, Managing Director at Swiss Reinsurance Corporation and Alan R. Lewis, CPCU Senior Vice President at Epic Intermediaries. The session provided a stimulating and informative panel discussion that spanned a wide-ranging spectrum of recent industry developments, emerging trends and the future outlook for profitable opportunities in the reinsurance business.

    EPIC Intermediaries is pleased to announce some of our recent success stories, helping brokers write Public Entity Insurance:
    1. Large Southern County Risk Manager and Broker called Epic to discuss their insurance program. Epic’s team provided the county a 30% savings off their expiring premium while enhancing the coverages.
    2. Municipal Workers Pool was looking to reduce their $1,000,000SIR retention and risk. The Epic provided a $750,000 retention at a 5% higher premium than expiring.
    3. Large Northeast City was seeking alternatives to their continuing rising premiums. Their broker turned to Epic Intermediaries which created an innovative program that reduced premiums and increased coverage.
    4. Large Municipality was dissatisfied with their Workers Compensation SIR retention and cost. Their broker called Epic which created a program with lower retention at the same cost.
    New Epic Intermediaries Webinar - Optimize Public Entity Property Submissions to Protect Renewals & Write New Business
    Attendees will learn how to differentiate their submissions to protect renewals, maximize new business opportunities and close more commercial accounts. Click here to view this on demand webinar . Read More...

    Epic Intermediaries Expands Its Team with Addition of Eric Leibowitz as Account Manager
    With nearly 15 years of professional experience in financial services, Eric Leibowitz brings expertise in management, training and analysis to EPIC Intermediaries. Read More...

    Workers' Compensation Non-Profit Institution Case Study Metrics Released by Epic Intermediaries
    Epic Intermediaries helps a Northeast US Broker dramatically reduce a scheduled premium increase while mitigating SIR for Statutory limits. Read More...

    EPIC Intermediaries Expands Operations - Chicago Based Alan Lewis Joins the Growing Wholesale Broker
    Epic Intermediaries, a wholesale broker specializing in Public Entity Insurance and Self-insured Workers’ Compensation Insurance expands operations with the addition of Alan Lewis, a Chicago based Business Development Specialist. Read More...

    Our Office: 401 Route 73 North | Suite 201 | Marlton, NJ 08053