Management & Professional Risks (MPR) require unique resources. Frenkel & Company founded our Management & Professional Risks group as a center of excellence providing advice and support to our clients and their service teams in the areas of Directors and Officers, Employment Practices Liability, Crime, Cyber and other risks impacting the C-suite of companies. The MPR team works exclusively on these lines of business and leverages our market knowledge and relationships for our clients.
The complex language of insurance policy forms often makes it difficult for clients to clearly understand the relative benefits of using one carrier and policy form over another. Frenkel’s MPR team strives to make the complex more straightforward, helping insureds understand the differences in insurance company forms.
Constant interaction with global markets makes Frenkel a leader in identifying and developing new insurance products. We help our clients manage their business risks with emerging products like Cyber, Intellectual Property, and enhanced forms of Employment Practices coverage. We alert Frenkel account executives about the availability of new insurance products and changes in underwriting that may affect client renewals.
When claims arise, we interact with Frenkel Claims representatives where possible to help facilitate better outcomes for our clients. These interactions also help us identify exposure trends affecting our broader clientele.