2018

Plexus Introduces 2018 Summer Internship Program

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Deer Park, IL, April 18, 2018. -- The Plexus Groupe, a national insurance brokerage, is proud to introduce its Summer Insurance Internship Program. The Insurance Internship Program allows students entering their junior or senior year in Fall 2018 to apply. Interns will gain valuable real-world business and insurance experience in a workplace environment annually honored as one of the "Best Places to Work in Insurance" by Business Insurance magazine and Best Companies Group. The firm seeks a pair of interns for its Deer Park, Ill. office. It also looks to fill one position in its Dallas office. The paid insurance internship program runs from Monday, June 11 through Friday, August 3.

"We're excited for the launch of our insurance internship program," said Stephanie Martinez, Plexus VP of Human Resources. "It's a wonderful opportunity for students pursuing a career in insurance, a fast-paced field that employs three million nationwide. Also, a field that is undergoing considerable change because of technology. These are exciting times for our firm and we are looking forward to working with these students."

Internship Qualifications

In order to qualify for a Plexus insurance internship, candidates must have a 3.0 GPA or higher. Candidates will preferably major in Risk Management, Insurance, Human Resources, Business, or Finance. Employee Benefits will have two internships open: one in Deer Park, one in Dallas. One intern will work with Plexus's Property & Casualty team in Deer Park.

The Plexus Groupe will nominate interns for the Council of Insurance Agents and Brokers' Scholarship. This will give them a chance to win $5,000 towards their college educations.

Who is The Plexus Groupe

Plexus offers expertise in employee benefits, property and casualty, corporate retirement plans, personal lines insurance, human resources administration / consulting, benefits technology services, and mergers and acquisitions. In each of the last eight years, the firm has been honored as one of the "Best Places to Work in Insurance" by Business Insurance magazine and Best Companies Group. Headquartered in suburban Chicago (Deer Park), Plexus also has offices in Chicago (Loop), Dallas and Oklahoma City.

For more information on Plexus's 2018 Summer Internship Program, please contact the firm at 847-307-6100 and ask to speak to a Human Resources team member, or visit the firm's Career Opportunities page to apply.

While a stormy 2017 was expensive for insurers, it could have been worse

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In our latest look at Property & Casualty news and notes, we dive into the subject of 2018 commerical insurance pricing for insurers after a disaster-laden 2017.

Market watch: Though plenty of roofs caved in last year, the sky isn't falling in 2018

Global weather and storm losses reached $330 billion in 2017, with insured losses at $135 billion, according to reinsurer MunichRe. However, these losses do not necessarily mean that insurance rates will significantly rise, with numerous published reports suggesting that insurers built up excess capacity before a tumultuous 2017 -- and that losses were within acceptable limits. Nevertheless, property, conmercial auto, business owners, and general liability rates were up slightly in the fourth quarter of last year, per the IVANS index, which tracks rate renewals from more than 380 insurers.

Report: Securities lawsuit filings jumped 53% in 2017

Directors and officers of publicly traded companies found themselves at the center of more lawsuits than usual in 2017. Per Business Insurance magazine, securities lawsuits increased from 271 in 2016 to 415 in 2017, according to data from Kevin LaCroix, executive vice president at RT ProExec, a division of insurance wholesaler RT Specialty. That's a 53 percent increase over the previous year. Whether your firm is publicly traded or not, having the right directors and officers is key. We can help. For more information, contact Plexus Vice President of Executive Liability Willie Lindsey at wlindsey@plexusgroupe.com or 847-307-6100.

Getting to know Plexus's Cyber Indication Form

Ever thought about getting cyber insurance for your business but didn't know where to start? Check out our quick and easy Cyber Liability Indication Form. Fill it out, and one of our client service team representatives can give you a sense of the coverage you need -- and what it could cost.

Plexus recognized as 2017 Best Practices Agency

DEER PARK, Ill., August 15, 2017 — The Plexus Groupe (Plexus), an insurance brokerage and risk management consultancy with a national presence and an international reach, has again been certified as a Best Practices Agency by the Independent Insurance Agents & Brokers of America, Inc. (IIABA) and Reagan Consulting, Inc. The Best Practices designation honors insurance agencies for performance against numerous business metrics. These include financial stability, operations productivity, profitability, revenue growth, and sales velocity. Best Practices honorees are selected every three years and recertified annually for two years after resubmitting their operational results for measurement.

“We're pleased to retain our designation of a Best Practices Agency,” said Brian F. Griffin, Plexus President and Chief Operating Officer. “The Best Practices recognition is especially meaningful, as it measures profitability, stability, and growth, among other key performance indicators. This honor is a credit to each of Plexus’s more than 100 associates firmwide.”

Plexus is a growing insurance brokerage and risk management consultancy with offices in Deer Park, Ill. (headquarters), Chicago, Dallas and Oklahoma City. The firm offers expert solutions and a superior client experience in employee benefits, property and casualty, retirement plans, personal insurance, HR administration and consulting, technology, and mergers and acquisitions. Also, the Plexus Global Network gives clients access to insurance placement in 130 countries around the world. In each of the last seven years, Plexus has earned Best Places to Work in Insurance honors from Business Insurance magazine.

Contact Us

For more information on Plexus, please contact the firm at 847-307-6100, or visit plexusgroupe.com.