The Intelligent Broker Newsletter
Quarter 2 - 2021
Latest on Commercial Insurance
Nationwide’s Big Growth in
Small Commercial
Nationwide’s Small Business Market has proven to be miraculously competitive in today’s market. A variety of classes have shown more recent success along with their modified businessowners policy product. Before we dive into the details, it is essential to acknowledge one crucial question, “How does Nationwide identify small commercial business?”
Commercial Market Movement in 2021
Market expertise, putting together complete submissions, and selecting knowledgeable partners with access to available capacity are essential components to maneuvering in this challenging commercial environment. This year has shown similar movement as the end of 2020, with “rates increasing, nuclear verdicts, stricter underwriting, and increased cyber threats” [1]. Construction risks have also been affected by such conditions. Also, due to the pandemic, Cyber Liability seems to have a more intricate process for quoting. As you may have encountered, the Umbrella market has taken a hit from the start of the pandemic, and circumstances suggest the same trend for the remainder of 2021. So, you may be thinking, what changes should we expect from the market environment this year?
The Rising Cost of Homeowners Insurance:
2021 Market Trends

Our Personal Lines team is dedicated to helping you protect your customers’ homes and secure their future from environmental forces outside of their control. In doing so, Halcyon must be transparent with our retail agents to properly inform our mutual customers. It is essential to know how exactly homeowner’s insurance is priced, the reason behind the inflating costs, and what premium saving options are available. Several market trends have affected these unfavorable changes, which will go into further detail in our webinar with Chubb on Wednesday, April 28th, 2021.
Do you have an account you want us to review? Contact Sarah Cadle, our Vice President / Personal Lines Leader, at 321-527-2192.
2021
Market Trends
As an exclusive Halcyon agent partner, we invite you to join Chubb and us to learn more about how the market trends in 2021 have affected the rising costs in personal lines insurance, the reasons behind these trends, and how your customers can save more on the coverages they need.
Date: Wednesday, April 28th, 2021

Time: 10:00 a.m. - 11:00 a.m. EST

Location: Online (Webex)
Word of the Day...

"Quote" - what does this mean?


An estimate made by an insurance company of the cost of coverage and cost of a policy. 


Online Rating
Have you rated any of our online products yet? USLI and Utica First, offer an extra 2 points on commission and fast turnaround for online rating.
Click the button below to rate now!

XPress Pay - Say good-bye to pending cancellations and late payments.
Team Member Spotlight: Paige Shaw
The relationship we have with our agent partners is very important to us. While we work with you on a day-to-day basis, we thought you would like to know a little information about one of our hardworking teammates.

Halcyon would like to introduce you to Paige Shaw, a Small Business Assistant Underwriter.
"Success is part opportunity, skill and luck."
Years at Halcyon: 3 years 

Years in Insurance: 16 years 

First Job: Web programmer at Barry University.

Favorite Movie: The Golden Child / 80’s Fantasy, Comedies, Detective movies.
 
Favorite Vacation spot: Any city with cool temps and lots of history like London.

Little-known fact: I love stand-up comedy and improv. 

Advice for Success:  Success is part opportunity, skill and luck. Work on your skills, look out for opportunity and hope you get lucky. 

Bucket List Item? Traveling more around the United States, Europe and Canada
Hobbies: Building computers and exploring new restaurants with my daughter. 

Pet Peeve: Having to wait. I’m very time-oriented. 

If I’m not at work, you can find me…. Going on an adventure with my daughter. 

If I wasn’t doing this, I’d: be working in technology as either a coder or business analyst. 

What influenced you to join insurance: Insurance encompasses every aspect of business, such as marketing, finance and law. I like the problem solving and having the ability to experience a little bit of everything. Insurance is always changing, so you’re always learning.  

What would your perfect day consist of? Leaving the day with no emails in my inbox.
Success Lists
Visit our website to review our monthly Success Lists for each of our underwriting departments: Middle Markets, Small Business, and Personal Lines. These are a great source to view our target classes each quarter. Check them out now!
Due to the current circumstances of the COVID-19 pandemic all community events
have been cancelled until further notice.
New Office Location
Have you updated your records with our new office address?

555 Winderley Place, Suite 420
Maitland, FL 32751
Agency Bill Payments Only can be sent to:

Halcyon Underwriters
P.O. Box 931817
Atlanta, GA 31193-1817
Overnight Address:
Lockbox Services (931817)
Hull & Company LLC (Halcyon)
Lockbox # 931817
3585 Atlanta Avenue
Hapeville GA 30354-1705
Learn More About Halcyon
Why Halcyon? Watch the video to find out the reasons our teammates choose Halcyon as their "Broker of Choice".
Halcyon Underwriters

555 Winderley Place, Suite 420
Maitland, FL 32751
TEL - (407) 660-1881
FAX - (407) 660-0525
TOLL FREE - (800) 393-9090