Having read the LinkedIn post shown below, which references an article titled "Notre Dame has no insurance policy", I wanted to provide an overview of how the insurance marketplace could cover a risk like the Notre-Dame de Paris Cathedral. Mechanisms currently exist...
Much happens behind the scenes after an insurance policy is purchased by an insured. A written risk may be transferred from one insurer to another. Many different companies may have interests in the original insurance contract (and its continued success) beyond the...
The worldwide insurance industry is vast and interconnected. Calamities in distant places of the world can have an impact on the availability of insurance and the amount of premium you pay at home. Natural catastrophes such as major hurricanes in the southeast United...
In its simplest form, reinsurance is insurance for insurance companies. Reinsurance is a transaction between two insurance companies whereby one insurance company offers to provide coverage to another in exchange for the payment of premium (i.e. the cost of an...
Insurance & Reinsurance Broker
Joshua S. Pestano is an insurance professional with more than ten years of experience in the industry. He is an insurance and reinsurance broker and founder of Risk Reinsurance Holdings, Inc.