2020 changed the landscape of the insurance world. The COVID-19 pandemic, domestic and global unrest, supply chain disruptions, and a litany of weather-related catastrophes took their toll on the property and casualty markets, as well as personal lines coverage....
The National Council on Compensation Insurance’s (NCCI) updated experience modification factor (e-mod) algorithm went into effect this past November. These changes — which insureds will begin to feel the impacts of in 2024 — are intended to more fairly and accurately...
New York, February 7, 2024 – Jencap Group (Jencap) is excited to announce the appointments of Kris Bauer and Mike Yovino as leaders of the company's Wrap Up Construction Practice. This specialized practice group is one of many strategic centers of excellence that...
The workers’ compensation insurance market has remained relatively soft over the past few years, characterized by high capacity and rate decreases, as carriers seek to come out on top in a competitive environment. A number states are seeing drastic rate cuts this...
A new year marks a new beginning, with hope, anticipation, and curiosity for what the coming months may bring. And in a dynamic industry like insurance, you never know with absolute certainty what might be just beyond the horizon. Stepping into 2024, we asked Jencap’s...
There’s no denying it. The property insurance marketplace is in unprecedented times — and has been for a while. Over the last few years, we’ve experienced what the industry terms a “hard market,” and there are a number of reasons for this, including a surge in natural...
At Jencap, working transcends the ordinary job experience – it's a dynamic collaboration that fuels success. The heartbeat of Jencap's power lies in its team, a close-knit community where every member contributes to the collective success. What sets Jencap apart is...
Tune into a special edition of Flip the Cap where Kathryn Smith sits down with John Jennings, Jencap CEO, as he shares insight into his early days in the industry and the pivotal moments that led to the creation of Jencap. In this episode, Jennings unveils the...
In a world where technology seems to leap further and further ahead each day, artificial intelligence (AI) remains a transformative force, revolutionizing industries across the board. Insurance agents and their clients are witnessing a complex paradigm shift as...
Running a garage or auto business involves far more than just fixing or selling vehicles. It comes with a set of unique risk exposures, and crafting an insurance package to protect against those risks isn’t a one-size-fits-all process. Whether your clients operate an...
We are excited and proud to announce that our very own Joe Hayes, Jeff Sandy and Ashley Engl are recipients of Insurance Business America’s 2024 Hot 100 award. The 2024 recipients of IBA’s Hot 100 award represent the top insurance leaders in the U.S., featuring the...
In this episode of Flip the Cap, host Kathryn Smith sits down with Erich Schutz, Jencap National Practice Leader for Cannabis, to explore macro and micro-level factors contributing to the rapid growth rate of the cannabis industry. Schutz also discusses the most...
Despite the growing acceptance and legalization of cannabis, it remains federally illegal in the United States, creating unique challenges for the industry. Jencap explores three possible future scenarios for federal cannabis reform and their impact on cannabis insurance.
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