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Presented by: The Modglin Collection
Brigette Modglin 303-408-2600
Jay Modglin - 303-472-2150
[email protected]
www.TheModglinCollection.com

Welcome to Feature Friday! Today, we're talking with Tierney Aldridge of The Denver Agency to discuss the challenges and solutions in the high-end insurance market.

Tierney explains that The Denver Agency is part of Arthur J. Gallagher, a global corporation with 40,000 employees. The Denver Agency specializes in private client services, focusing on clients with multimillion-dollar properties, valuable collections like art, jewelry, and cars, and those who require significant excess liability coverage.

When asked about challenges, Tierney points out that climate change, rising construction costs, and a tightening labor market are affecting both clients and insurance companies. These factors are causing insurers to be more restrictive, particularly in high-risk areas like wildfire zones and coastal regions.

To ensure clients are properly covered, Tierney emphasizes the importance of relationships. While some clients need frequent check-ins, others prefer annual reviews to assess new assets or upcoming renovations. The Denver Agency works closely with clients to structure insurance plans that protect their lifestyle and financial legacy.

For those who own businesses or commercial properties, Tierney notes that The Denver Agency, backed by Gallagher, offers comprehensive commercial insurance solutions, including real estate and various industries like pharmaceuticals and oil and gas.

To connect with Tierney, visit The Denver Agency in Cherry Creek or explore their services online at www.denveragency.com.

Follow us at The Modglin Collection for more insights!

00:00 Introduction
02:59 Challenges In The Insurance Space
06:05 Insurance as a Long-Term Investment
07:04 Commercial Insurance Expertise