Archive for September, 2019

There’s a lot of things to know about workers compensation insurance in New York, it’s a big state with a lot of businesses large and small across a diverse landscape, but we’ve picked out 5 THINGS YOU SHOULD KNOW ABOUT WORKERS COMP IN NY, with a special focus on Downstate NY. #1. You can purchase workers

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Tags: workers comp, Workers Comp Insurance, Workers Comp New York, workers compensation, workers compensation insurance, workers compensation NY

D&O stands for Directors and Officers Liability Insurance.  We like to call D&O insurance, decision making insurance and personal net worth insurance. Here’s why – most D&O claims for privately held firms stem from allegations that decisions made by the firm’s directors, officers, managers, members, GPs, and employees have caused an adverse financial consequence to the third

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Tags: hedge fund D&O, hedge fund insurance, hedge fund insurance NY, insurance for hedge funds, NY hedge fund insurance

Add Content Block E&O stands for Errors & Omissions insurance..... which is also known as Professional Liability.  Hedge funds commonly purchase E&O protection as part of a combined D&O / E&O policy.  Because a hedge fund's exposure to loss can be very similar between the two policy types, it's advantageous to purchase this as a combined

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Tags: hedge fund insurance, hedge fund insurance NY, insurance for hedge funds

Cost of Corrections or COC Coverage reimburses a hedge fund manager for the cost to correct a situation (such as an error in trading for example) that if left uncorrected would result in monetary damages to a client or shareholders of the fund; and if left uncorrected would likely also result in claim to the Errors

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Tags: cost of corrections coverage for hedge funds, hedge fund insurance, hedge fund insurance NY, insurance for hedge funds, NY hedge fund insurance

Does your business need workers compensation insurance? This is a fairly simple question to answer. Just about every business with employees is required by law to have workers comp insurance in New York. There are exceptions to this rule: 1. If the business is owned by one individual who is the only employee of the company,

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Tags: NY workers compensation, workers comp, Workers Comp Insurance, Workers Comp New York, workers compensation NY

Insert ImageYou're Starting Up a Hedge Fund, What Insurance Coverages Do You Really Need?Before you open the doors to your new venture, there’s a couple of basic insurance coverages you’ll need to get started, which we’ll itemize below:You’ll need a business owners policy, or office package.  Sometimes these policies are called BOP policies (short for business

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Tags: basic insurance for hedge funds, hedge fund insurance, hedge fund insurance NY, hedgefund-360, startup hedge fund insurance

Why purchase a Hedge Fund D&O / E&O Insurance?As mentioned in other FAQ blog posts on Hedge Funds, Directors and Officers Liability policies and Errors and Omissions policies are very similar in their insuring agreements, structures and exclusions.  While the policy forms are similar, they are different. (Yes, the insurance business can seem like one big

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Tags: D&O insurance for hedge funds, hedge fund insurance, hedge fund insurance NY, insurance for hedge funds, NY hedge fund insurance, startup hedge fund insurance, startup hedge fund insurance New York

How to choose the Best Workers Compensation Insurance in New York Hint: The lowest quote may not be your best choice, here's why..... When you think of the best of something, especially when it comes to insurance, the first thing that comes to your mind may be the least expensive, or the cheapest.  There’s no doubt

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Tags: best quote, best workers compensation, Cheapest Workers Comp in NY, NY workers compensation, workers comp, Workers Comp Insurance, Workers Comp New York, workers compensation, workers compensation NY