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A business owner may feel both excitement and concern at the prospect of selling a business. As a liquidity event approaches, there are five questions that should be considered before the sale: What are the terms of the transaction? Could my philanthropic goals be addressed? Will the sale of the business affect my estate planning? What do I want an...

Successful families and individuals expect their financial advisors to address their complete financial picture, including protecting them from property and casualty risks. However, most financial advisors do not provide this support. This clear expectations gap is demonstrated in a survey of 200 successful families or individuals. Financial adviso...

Cyber risk has become a major potential loss exposure for almost any company. As with any other exposure, directors should confirm that reasonable steps are taken to identify, mitigate, respond to, and recover from third parties relating to cyber-related problems when they arise. However, because of the potentially severe nature of this risk, the d...

Global Mergers and Acquisitions (M&A) transactions tallied up to an impressive $678.5 billion in deal value in the first quarter of 2017, up by 8.9 percent year over year, according to Mergermarket’s most recent estimates. The uptick in deal value is not a phenomenon, and in the fast-paced, high-stakes environment, private equity dealmake...

More than half of the time, cyber criminals’ search leads them directly to small and midsize enterprises (SMEs), who can be hacked with ease and offer a substantial cumulative payoff—in the form ransom money, stolen credit card numbers, or bank account information. Although stopping cyber criminals from accessing SME funds and data may ...

Today, businesses are navigating a massive cultural shift. Sexual harassment is an issue that must be dealt with. Business owners, managers, HR professionals and other leaders have a responsibility both to safeguard employees, and to protect their companies against liability. From small to midsized businesses to major companies, the need for proper...

The popularity of international travel will grow and evolve as accomplished individuals seek to add memorable and thrilling experiences to their lives. While you can certainly experience a special trip nearly anywhere in the world, don't be hasty in your preparation. Protect yourself with the right information and insurance to avoid large and s...

Over the past several years, the U.S., along with the rest of the world, has experienced an increase in the number of catastrophic hurricanes, earthquakes, wildfires, flooding, and other devastating natural disasters. Despite the increase, FEMA estimates that more than 60 percent of Americans do not have an emergency plan for their households. Bein...

Many entities face the same types of security incidents, and some handle an incident well while for others it’s a disruptive and costly one. The entities that fare better have prepared for an incident and use lessons-learned from prior incidents. In this 2018 edition of the Data Security Incident Response Report, it analyzed the statistics an...

For businesses to successfully navigate today’s cyber threats and effectively respond to data security events, understanding the costs associated with a data breach is critical. Incidents at Fortune 500 organizations get significant media coverage, but the reputational and financial impact to small and middle market companies can be even more damag...

In an infographic capturing the findings from a sampling of 354 cyber claims in the 2017 NetDiligence® Cyber Claims Study, it highlights the weak links, type of data targeted, and the damages associated with a breach. From those claims—where 343 involved the loss, exposure or misuse of sensitive personal data from a variety of industry sectors—huma...

The frequency and scope of cyberattacks are growing rapidly, with breaches becoming a significant threat to a business’s reputation and sustainability. No industry or business size is immune to a cyberattack, and small and midsize businesses typically face more acute risks. With cyberthreats evolving and becoming more prevalent, what can your...

Misperceptions about flood risk have kept many people from buying protection from the National Flood Insurance Program (NFIP) or the private insurance market. Better understanding of flood exposures, the potential risks, and their impact can help businesses and individuals make informed decisions. It’s important to remember that floods have m...

Until recently, many families filled key governance roles associated with their trust and estate planning with trusted friends, colleagues, or advisors who were flattered to be asked and honored to serve. But many are now ready to retire and there is a shift in who is recruited—and willing—to take over. Top-caliber directors and t...

Countless hours are spent training employees to provide excellent service, and it is this helpful nature that con artists use to get privileged information through deception. This tactic is called Social Engineering and can be attempted via any of the ways that people communicate with each other. It is a highly effective weapon in the hacker's ...