Patrick Wraight
Patrick is the Director of Insurance Journal’s Academy of Insurance. As an insurance learning professional, he is passionate about taking the complicated and making it accessible for everyone, especially the insurance community.
He started his insurance career as a commercial underwriter for an MGA that wrote fire departments, ambulance companies, home medical equipment dealers, and other niche markets. It was there that he also started his journey in insurance education by designing and implementing a new underwriter training program.
From there, he moved to one of the largest Florida-based property insurers to become an underwriter trainer. While there, his role expanded beyond classroom and online training to become a learning consultant. He spent time with his customers to determine their learning needs and develop a plan to meet those needs.
Patrick has earned several industry designations:
- CIC (Certified Insurance Counselor)
- CRM (Certified Risk Manager)
- CISR (Certified Insurance Service Representative)
- AU (Associate in Commercial Underwriting)
- AINS (Associate in General Insurance).
Patrick is also the 2021-22 President of SITE, the Society of Insurance Trainers and Educators.
Ways to Finance Risk
In this fourth session of our Risk Management Basics series, we discuss how an organization can finance the risks that they take on. This step in the Risk Management Cycle is critical because an organization that has decided to take on certain risks must understand the risk brings a potential financial consequence. Those financial consequences must be planned for and funded. Join us as Patrick discussed risk financing.
Ways to Control Risk
In this series, we're taking a high-level look at risk management. In just a few sessions, we will give you a primer on risk management. It won't make you a risk manager, but it is designed to open the discussion about risk, risk management, the place the insurance plays in the process, and how you can better serve your clients.
This session is focused on some of the ways that you can help businesses to control the risks that they face. Join us as Patrick discusses ways to control risks.
How to Identify Risk
In this series, we're taking a high-level look at risk management. In just a few sessions, we will give you a primer on risk management. It won't make you a risk manager, but it is designed to open the discussion about risk, risk management, the place the insurance plays in the process, and how you can better serve your clients.
This session is focused on some of the ways that you can help people to identify the risks that they face. Join us as Patrick discusses ways to identify risks.
CGL Master Class - Policy Limits and Selected Endorsements
In this final session of our CGL Master Class, we will look at how the limits on the CGL policy get used. It may seem straightforward, but when you consider that there are six limits and a loss might touch three of them at once, it begins to get a little complicated. After that, we'll deal with several endorsements that you need to be introduced to because one of your clients might come to you with them on their policy. You need to know how they change the policy and if you need to try and get the endorsement removed.
What is Risk and Risk Management
Risk abounds in life and in business. In this session, we will examine risk, what is it and what does it mean for us? We will then take a look at how risk can be managed and decide on a process for doing just that.
CGL Master Class - Coverage C and Supplementary Payments
What happens when the injury is small enough that $5,000 or $10,000 would pay for the injured person's bill? Do they really have to file a suit against the insured to get that money? That's where coverage C comes into play. This medical payments coverage makes it possible to handle small claims without a lot of issues. When we've handled medical payments, we will examine a part of the policy that provides for money outside of the liability limits to handle other things, like defense.
Join us in session number six in our CGL Master Class.
CGL Master Class - Coverage B and Selected Exclusions
When most of us think about the CGL policy, we think about the bodily injury and property damage coverage (Coverage A), but there's more to it than that. Sometimes we forget that there is also something called personal and advertising injury that is included on the policy. Coverage B, personal and advertising injury, provides coverage for those offenses that are listed in the definition. Join us as we examine what those offenses are and several exclusions that apply to this coverage.
CGL Master Class - Coverage A and Selected Exclusions
When most of us think about the CGL policy, we usually think about bodily injury and property damage. We all understand that there's more to it than that, but that's what we immediately think about.
Join us as we take apart Coverage A in this session. We plan to look at several exclusions and look for ways to deal with those exclusions.
A Few of Our Favorite (and Least Favorite) Commercial Property Endorsements
In this conversation, Academy Director of Education, Patrick Wraight is joined by Friend of the Academy, Casey Roberts. The topic? Endorsements.
We get a look into the minds of these two insurance nerds as they discuss and debate their favorite (and least favorite) commercial property endorsements.
This is certain to be appointment viewing as they discuss endorsements and take your questions.
CGL Master Class - Additional Insured Endorsements
Your clients are signing contracts more often than you ever wanted to know. Many of those contracts come with insurance requirements. Some request indemnification. Others are asking to add the other party as an additional insured on your client's liability policies.
- What is an additional insured?
- Why would someone want to be an additional insured?
- Why would you add someone as an additional insured?
- What does it really mean to be an additional insured?
These questions and more are answered in this third session in our CGL Master Class. Join us as Academy Director of Education, Patrick Wraight digs into the additional insured.