| | Market Spotlight
August 10, 2022 |
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Market Spotlight: Security Guards Overall employment of security guards and gambling surveillance officers is projected to grow 15% from 2020 to 2030, faster than the average for all occupations, according to the U.S. Bureau of Labor & Statistics. About 165,000 openings for security guards and gambling surveillance officers are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. While increased litigation, broader contract interpretations, and larger jury settlement awards continue to drive up the cost of insurance, the outlook for this sector overall remains positive. In the May/June research survey by the Security Industry Association, some 80% of industry respondents rated current business conditions as "good" or "excellent," 52% of security professionals reported increases in marketing spending and 73% said they believe business conditions will be "much" or "a little" better within the next three months. |
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| The Mechanic Group is the leading program manager for Security Guard, Private Investigator and Electronic Security - Alarm insureds. We are also the leading MGA for agents and brokers seeking a market for these insureds. States: All states Offered by: The Mechanic Group, a Division of Specialty Program Group, LLC |
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| MJ Hall can offer coverage for security guard and patrol services (including off-duty police officers) providing armed or unarmed security personnel, with or without animals, and firearms training/certification schools. Unarmed Courier services are eligible when part of the overall operation. Assault & Battery Coverage is also available. States: Nationwide footprint with focus on AK, AZ, CA, HI, NV, OR, WA Offered by: M.J. Hall and Company, Inc. |
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| | Private Security Insurance Leading Market for Agents & Brokers With Private Security, Investigation & Electronic Security Insureds The Mechanic Group, a Division of Specialty Program Group, LLC |
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| Brownyard's Brownguard® program offers general liability coverage, business auto, inland marine and commercial property coverage to Private Security Guard Contractors, Proprietary Security Guard Contractors, Governmental Security Contractors and more. Our programs are written with A+ rated insurance carriers at competitive premium rates States: All states Offered by: Brownyard Group |
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| Izzo Insurance has the Most Exclusive Workers' Compensation markets countrywide for guards. This premier security program wholesale leader accepts all experience mods. No agency premium volume commitments or fees to work with Izzo. States:All states Offered by: Izzo Insurance Services, A division of Hull & Company, LLC |
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| Looking for a A & H product to add to the cost of a ticket for skiers, concerts, sporting events for fans, etc. We have the technology I would like to inbed it at the time of purchase. by CHARLEY on Tue Aug 9, 2022 Looking for a market for Urban Bee Keepers atop commercial buildings across the USA. by ftglenn8 on Fri Aug 5, 2022 I need to write the Commercial Package for a LRO risk where the Tenant is a wood pallet wholesaler. Let me know if you have Markets for this. by namjuppo on Thu Aug 4, 2022 I need to write an accident occupational policy in California. by wetryharder on Fri Jul 29, 2022 I need an HO-6 for Zip 93923-7949. Has Nationwide now, non renew Brush Fire? by BENKINS on Tue Jul 26, 2022 |
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