Hi All,
I need some help. I had a client come to me Friday with a unique concern (sorry in advance for being cryptic, but it's necessary right now). As he was telling me about his problem and explaining to me how many of his colleges (1000's) have had a similar problem, he was wondering if there was an insurance policy he could take out to protect him and his assets. That's when I realized that for the protection he needs, there is not an insurance policy for. That is where I need the forums help.
Does anyone know what insurance company and/or underwriting I can approach with starting this new category of insurance to a select group of individuals?
For example...if anyone here is familiar with Credit Default Swap insurance (check out the movie: The Big Short). This insurance did not exist until someone proposed it and an underwriter underwrote it. It is along those same lines.
In other words, how can I get an insurance policy underwritten, that has not be written previously? If anyone could provide any details and/or point me in the right direction, I would be eternally grateful.
Thanks!
I need some help. I had a client come to me Friday with a unique concern (sorry in advance for being cryptic, but it's necessary right now). As he was telling me about his problem and explaining to me how many of his colleges (1000's) have had a similar problem, he was wondering if there was an insurance policy he could take out to protect him and his assets. That's when I realized that for the protection he needs, there is not an insurance policy for. That is where I need the forums help.
Does anyone know what insurance company and/or underwriting I can approach with starting this new category of insurance to a select group of individuals?
For example...if anyone here is familiar with Credit Default Swap insurance (check out the movie: The Big Short). This insurance did not exist until someone proposed it and an underwriter underwrote it. It is along those same lines.
In other words, how can I get an insurance policy underwritten, that has not be written previously? If anyone could provide any details and/or point me in the right direction, I would be eternally grateful.
Thanks!