Defending an employment practices liability (EPL) claim can easily take a year’s time, consume large amounts of money and resources, and distract from normal business operations. But these business claims are prevalent, even for employers who are dedicated to healthy and helpful employee relations. The fact is your business is three times mor...
We have the answers
Search Results
40% of small businesses close their doors following a disaster and never reopen. Natural and manmade disasters can stop your business operations in a flash. It’s best not to leave your organization in a state of emergency. Preparation means making sure you’re covered when the unexpected arises. See how a business interruption policy cov...
Every public, private, or nonprofit organization needs to be protected from within with Director and Officers (D&O) liability. If a claim is brought as a result of a corporate decision you make, your D&O policy will kick in. Without one, you lose the business and your personal assets. Understand how D&O works on your behalf and ways you...
What are the top four cyber security threats and how can you protect yourself? In this podcast, Information Security Officer, Gilli Shaw, and Marketing Director, Jen Dowd, dig into these risks. In their discussion, they cover the need to have antivirus on every device that connects to the Internet; the risk of Internet of Things and smart devices p...
In this episode, learn about the top four cyber security threats to business owners. In a discussion that took place during the National Cyber Security Awareness month, Information Security Officer, Gilli Shaw, and Marketing Director, Jen Dowd, dig into the top risks and how to prevent them. They cover the controls you can put in place to prot...
In the tech industry, the calculus for risk versus innovation is starting to shift. Stakeholders don’t just expect new and exciting products and services, they want responsibility and governance. The good news is that the tech industry CFOs appear confident and ready to ride this new wave of social responsibility and market volatility.
Although malware is predominantly delivered via email, the types of entry points continue to evolve, and many will not be caught by a family office firewall. So, it is crucial to build a first line of defense, and it starts with employee security awareness training, testing, and auditing. Mitigate the cybersecurity risks in the family office by dep...
Families spend a lifetime building a legacy and tragically, just one lawsuit can place that legacy in jeopardy. Without that critical layer of personal liability insurance, your are at risk. Personal excess liability coverage—commonly called an umbrella policy—protects individuals from a covered claim brought against them, personal injury, or ...
Experience has shown that many families of wealth unwittingly outgrow their coverage and can be severely under-protected. To help assess the insurance choices available, there are factors to consider when evaluating an insurance advisor and uncovering the right insurance resource.
A Life insurance audit is an everything-to-gain, nothing-to-lose proposition for a trustee of a trust that owns life insurance where significant planning is in place. A proper, thorough audit is needed to mitigate the fiduciary liability. It also starts with understanding the difference between a Life Insurance Review and a Life Insurance Audit.&nb...
The complex, convergent nature of risks facing high-net-worth families requires family offices to adopt both a holistic and strategic approach to risk management than many have in the past. The ones who can make the change will be best positioned to successfully navigate the challenges that range from overarching trends of growing families to incre...
Ultra-high net worth clients are often more focused on asset preservation than accumulation. Yet while they commonly own multiple homes, automobiles, watercrafts, heirloom jewelry and other expensive collections like art and wine—all of which greatly increase their risk—few have the specialized coverage needed to adequately mitigate tha...
Whether caused by family member carelessness, employee error, or the acts of a skilled data thief, everyone has the potential to be the victim of an information breach at any time. Because family offices collect very personal information about very private people, the stakes are high when it comes to protecting their data. Family offices can better...
Although water damage is the most frequent cause of loss to luxury homes, most people don’t appreciate the specific impact it could have on them—and therefore don’t take proactive steps to avoid it. By anticipating and dispelling water damage assumptions and the myths up front, you can sidestep costly losses in the future.
Based on decades of firsthand experience, the Hurricane Protection Unit of AIG provides insights and lessons learned from the front lines to help enhance your home’s resiliency in the event of a major storm.