SterlingRisk’s Geraldine DelPrete Gets UpClose with Business Insurance Magazine

Check out the UpClose column in Business Insurance Magazine — SterlingRisk’s Geraldine DelPrete! A great opportunity to gain insight and advice from a leader in the insurance industry. Congratulations, Geraldine!

INDUSTRY OUTLOOK: The outlook is differentiated by line of business. I’m feeling very upbeat on the casualty side. Many companies no longer have duplications in their reserves, causing attention to, and a targeted focus toward, underwriting and pricing. Property seems to be moving slower as there is still a great deal of capacity in catastrophic and non-catastrophic exposures. Rates are heading slightly upward and underwriting is tightening slightly, but not as quickly as casualty. I see technology as a bright spot. The industry is making huge strides on the technology side and moving toward providing newer product to the various commercial segments with the introduction of insurtech.
GOALS FOR NEW POSITION: My goals at SterlingRisk are to triple the size of the program group in revenue, create multiline programs across business segments, and provide a level of service that is nonexistent in the industry via technology/underwriting. One of the reasons I joined SterlingRisk is the commitment David Sterling has toward new products and servicing of his clients. I also like being back on the frontline insurance side.

Read the UpClose Column.

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About SterlingRisk

Ranked among the nation’s top independently owned insurance brokerages, SterlingRisk services regional, national, and international clients. The company specializes in multiple areas, including property and casualty insurance, aviation, employee benefits consulting, risk management, loss control, claims management, estate planning, and business succession planning. Founded in 1932, SterlingRisk is committed to helping solve critical risk challenges, controlling losses, and managing claims so that clients spend less on protecting their assets and business. More information is available at www.sterlingrisk.com or call 516-487-0300.

Founded in 1932, SterlingRisk employs more than 220 highly skilled insurance professionals, with offices in New York, New Jersey, Connecticut, Florida, California and Indiana. Ranked in the nation’s top 40 privately owned insurance brokerages, SterlingRisk services regional, national and international clients. The company has significant experience and depth of knowledge in multiple areas, including property and casualty, aviation, environmental, construction, employee benefits consulting, personal lines, risk management, loss control and claims advocacy. For more information, visit www.sterlingrisk.com or call 516-487-0300.

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