DIC & Inland Marine: Beyond Earth, Wind, And Fire-DIC & Inland Marine: Beyond Earth, Wind, And Fire

Video Transcription

Video Summary

In today's webinar, the hosts Eileen and Rich discussed the concept of DIC or difference in conditions coverage, which goes beyond traditional property coverage to fill in gaps and provide additional protection for property owners. They explored opportunities for DIC in various segments such as California homeowners, Florida properties, flood insurance, and builders risk coverage. The conversation highlighted the flexibility and potential for DIC solutions in addressing government involvement and underpriced coverage, providing additional coverages, and offering a more comprehensive solution for property owners and brokers. While traditional property policies are becoming broader, there remains a need for DIC to address gaps, manage volatility, and cover emerging risks like cyber security. Thank you for attending the webinar.

Asset Caption

Date of Publication: April 5, 2022
Duration: 74 minutes

Inland marine is now seeing Difference in Conditions (DIC) packages filling exposure gaps by dovetailing capacity to need.

Meta Tag

Module Inland Marine Insurance Industry

Keywords

webinar

Eileen

Rich

DIC

difference in conditions coverage

property coverage

California homeowners

Florida properties

flood insurance

builders risk coverage

government involvement