A Note From Beacon Hill's President, Bill Pritchard
Welcome to the June 2019 edition of The Summit magazine! With so much news centering on industrial facilities in the last several months, we thought this class of business would be a relevant and timely topic for this issue. We’ll discuss various aspects of the risks industrial facilities share, as well as how agents can work with them to craft effective coverage.
When discussing recent accounts, a fascinating aspect of industrial locations is the trend to rehabilitate them into more modern uses. The ability to assess and insure the risks associated with these changing uses is leading to an explosion in growth in this sector. And with manufacturing, energy, and other facilities seeing more activity on the whole, insurance carriers are changing the way they assess and write coverage for these risks. We hope you find our discussion of these businesses interesting and informative.
As always, we appreciate your feedback and thank you for reading.