Articles & Resources


What is a Policy? An insurance policy is a written contract of insurance between the insurer and the policyholder. It is typically composed of a


What is a Binder? A binder is a legal agreement issued by either an agent or an insurer to provide temporary evidence of insurance until


What is an Endorsement? An endorsement is one of the many forms used in the insurance industry. It is an insurance policy form that either


What is Underwriting in Insurance? Underwriting for insurance is when an individual or institution takes on a financial risk for another individual or institution for


What is Reinsurance? In simple terms, reinsurance is insurance for insurers. It’s also known as stop loss insurance. Reinsurance is a type of coverage that

Lloyd’s of London

What is Lloyd’s of London? Lloyd’s of London is an insurance and reinsurance marketplace. Its main purpose is to promote insurance transactions. It is not

Syndicate List

What is a Syndicate List? The syndicate list is one of several required documents requested when submitting a policy. It is usually one of the


What is a Syndicate? A syndicate is an organized group of businesses, individuals, or different entities. A syndicate is formed by the entities in it

How to Stay Compliant When Filing New York Excess Lines

There is a lot of information to juggle when working with excess lines. Keeping track of deadlines, tax rates, and new regulations can feel overwhelming. What’s more, not filling properly can lead to big fines and penalties. Here are four ways you can stay compliant when filing New York excess lines.