Blog Articles


Impact of Hurricane Florence on Insurers

As Hurricane Florence worked its way towards the East Coast, many insurers feared the worst. Many of their concerns can be abated. Notwithstanding the extensive damage in some areas, the losses due to the Category 1 storm should be manageable.  As the storm approached the U.S. coastline, winds decreased to the point that it was downgraded to a Category 1 hurricane—many feared it would grow into a Category 5—and wind damage ended up being minim...
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State Report Updates and Reminders

Please take note of the following changes and updates in the surplus lines filing process for the following states: Georgia: Quarterly reports filed in Georgia require a wet signature. As such, please make sure that all policies are submitted to the InsCipher team no later than the 5th of the month in which the report is due. All taxes included on the report must be paid in full prior to the filing of the quarterly report. You will receive an invoice for payments r...
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The Latest on IBM’s Partnership With Marsh—Clients to Have Access to Salesforce

Insurance brokerage and risk management firm, Marsh, announced in a press release on Wednesday, Sept. 2, 2018, that its partnership with IBM will expand to include the use of the Salesforce platform. Using IBM’s Blockchain Platform and its strategic relationship with ...
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Welcome!

As InsCipher has grown in size, influence, and capability, we’ve seen the need and opportunity to reach out to our clients and the surplus lines community as a whole. You’ll be receiving this newsletter quarterly, and we look forward to providing you with a simple and useful source of industry insight. In each newsletter you can expect the following: The news of the moment—we’ll cover what’s going on in the insurance industry, and its potential implications for you...
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InsCipher's Daniel Steadman Announced as Finalist for Insurance Business Awards' "Young Guns of 2017"

InsCipher is pleased to announce that its Vice President, Daniel Steadman, is a finalist for the Insurance Business Awards’ “Young Guns of 2017 Award.” Steadman is one of just 13 finalists in the international search for the industry’s next "Young Gun." Daniel started at Veracity Insurance Solutions in 2012, after a successful stretch as an underwriter for a Fortune 500 company. He was instrumental in the expansion of their underwriting division, and was a driving force behind the a...
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