Insurance Business ReviewJUNE 20256Copyright © 2025 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRaven Mcguire*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaAlex D'Souza Abhinov PunnakkalJoshua ParkerSarah FernandesEditorialRaven McguireManaging Editoreditor@insurancebusinessreview.comRisk used to be more manageable. A bad season, a supply delay--challenges businesses could anticipate and plan around. But today, companies across the U.S. are facing a different reality. From extreme weather to financial instability, the threats are constant and coming from all sides. Traditional insurance alone is no longer enough to keep up.Independent Insurance Agencies have taken notice and are stepping up with more comprehensive solutions. Rather than relying solely on general liability and property coverage, many agencies are now offering Commercial Flood Insurance and Trade Credit Insurance. It is a timely response to an increasingly complex risk environment.Flooding is a prime example. Once viewed as a coastal concern, it has become a widespread issue. From Texas to the Midwest, intense storms and unpredictable rainfall are causing billions in losses. Standard policies rarely include flood coverage, and federal disaster assistance often falls short or arrives too late. Commercial flood insurance addresses these gaps, providing coverage that reflects actual exposure, not outdated assumptions based on location.On the financial side, many businesses face a quieter but equally damaging threat: non-payment. A single unpaid invoice can disrupt cash flow, delay operations, and put a business at risk. Trade Credit Insurance helps prevent that outcome by covering losses when a customer fails to pay. It allows companies to extend credit more confidently and protect their revenue in a turbulent economy.What makes this new approach so valuable is the way it brings all elements of risk under one roof. With one agency providing protection for physical damage, financial disruption, and forward-looking strategy, businesses are better equipped to navigate today's challenges. As risks continue to evolve, so must the tools businesses use to manage them. Agencies offering this expanded model of coverage are doing more than insuring companies--they are helping them stay ready for whatever comes next.In this edition, we spotlight insights from Clayton Dexter, Underwriting Manager, Vice President, ANB Bank and Gilbert Asamoah, Credit Risk Manager, NiSource and doctoral candidate, Doctoral Candidate, Franklin University, Columbus, Ohio for highlighting their innovative leadership in claims, litigation, and credit risk management.Let us know your thoughts!Flood and Credit Insurance: The New Shields of Business ProtectionVisualizersMichael WayneChris LynnJUNE 2025, Vol 04 Issue 04 (ISSN 2837-1763) Published by ValleyMedia, Inc. To subscribe to Insurance Business ReviewVisit www.insurancebusinessreview.com Email:sales@insurancebusinessreview.comeditor@insurancebusinessreview.commarketing@insurancebusinessreview.com
< Page 5 | Page 7 >