New York, NY (March 1, 2012) – Preferred Concepts, LLC (www.preferredconcepts.com), a leading national program administrator and specialty insurance broker, has appointed Georgeanna Munger, Vice President, to manage the company’s ezumbrella.com business unit.
Ms. Munger will lead ezumbrella.com’s underwriting and customer service operations. She will report to Francesca D’Angelo, Executive Vice President.
“Georgi is a seasoned underwriter with keen insight,” said D’Angelo. “She’s a great asset to our organization and a terrific resource for our customers.”
Preferred Advantage’s Jay Sheehan, discusses the need for cyber liability insurance with Jennifer Duell Popovic of Medical Office Today.
“A lot of organizations don’t budget for this type of insurance and feel they don’t have the money for it, while others believe that their balance sheet can take a hit if a breach occurs,” Sheehan says. “What they don’t realize is that the cost of mitigating a breach could seriously impair their balance sheet and maybe even put them out of business.” Read More.
It is important to remember that in a changing market, a conditional non-renewal often serves as the opening gambit of the insurance renewal process. A single carrier does not dictate the will of the insurance marketplace. The potential for competitive pricing or beneficial terms and conditions still exists. Read More.
