What is Cost of Corrections Coverage?
Cost of Corrections or COC Coverage reimburses a hedge fund manager for the cost to correct…
Author: Gordon Coyle
Gordon B. Coyle, CPCU, ARM, AMIM, PWCA, is the CEO of The Coyle Group and brings more than 40 years of experience in commercial insurance and risk management. He helps business owners evaluate risk, improve coverage clarity, and structure commercial insurance programs aligned with their operations. His expertise includes business insurance strategy, risk management, and complex coverages such as cyber liability, directors and officers liability, workers’ compensation, and industry-specific insurance solutions for growing companies across the United States.
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Does Your Business Need Workers Comp in NY?
Does your business need workers compensation insurance? This is a fairly simple question to answer. Just…
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Insurance for Startup Hedge Funds
Quick Answer Startup hedge fund insurance is the set of policies a new fund buys to…
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Hedge Fund D&O / E&O Insurance
What It Covers, What Investors Require, and How to Buy It Most funds buy D&O and…
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The Best Workers Compensation Insurance in New York
How to choose the Best Workers Compensation Insurance in New York Hint: The lowest quote may…
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Cyber Insurance for Hedge Funds
Quick Answer Cyber insurance for hedge funds pays the costs of a cyberattack or data breach,…
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Holiday Party Liability: Keep Your Employees Off The Naughty List
Quick Answer Holiday party liability is the legal and financial risk an employer takes on when…
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Contractual Risk Transfer: Why a COI Won’t Save You
Quick Answer Contractual risk transfer is the practice of using a written contract to shift financial…
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A Guide to D&O Insurance
A Guide to D&O Insurance. Directors & Officers Liability Insurance, commonly known as D&O can be…
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Product Recall Insurance Coverage
Quick Answer Product recall coverage is a specialized commercial insurance policy that reimburses manufacturers and distributors…
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What are Indirect Loss Costs
Quick Answer An indirect loss cost is any expense a claim creates that insurance does not…
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Management Liability Insurance: Protecting the People Who Run Your Business
Quick Answer Management liability insurance is a portfolio policy that protects the personal assets of a…
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The Alternate Employer Endorsement. A Complete Guide
If you use temp workers, leased employees, or contract labor, there is a dangerous coverage gap…
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The Diagnostic Insurance Review
Last month we had referrals into two “good sized” companies to discuss their insurance programs, and…
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What is a Wrongful Act in a D&O Policy?
Quick Answer A wrongful act is the event that triggers coverage under a management or professional…
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Claims-Made Tail Insurance. What is it?
Quick Answer A claims-made tail, formally called an Extended Reporting Period (ERP), keeps the reporting window…
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Employee or Independent Contractor? Avoiding Workers Compensation Problems
Quick Answer Whether a worker is an employee or independent contractor depends on control, not on…
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Loss Sensitive vs Guaranteed Cost: Workers’ Compensation Guide
Loss sensitive workers’ compensation transfers a portion of claim costs directly to your business in exchange…
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The Seven Deadly Sins of Workers Compensation
Workers compensation is often the biggest insurance pain point for manufacturers and other mid-market employers in…
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The Strategic Risk Process
How I discovered and codified The Strategic Risk Process. In 2017 I was in the second…
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What is a High Deductible Workers Comp Program
As its name denotes, a high deductible workers comp policy or program is a method of…
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Risk Transfer and Indemnity Agreements
Quick Answer Risk transfer and indemnity agreements are contractual provisions that shift legal and financial responsibility…
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Why Aren’t YOU Buying Cyber Insurance?
Quick Answer Cyber insurance matters because a single breach most small and mid-sized businesses cannot absorb…
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What Is a Warranty Statement
How It Works on D&O and EPLI Insurance Applications A warranty statement is a formal declaration…
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The Home Depot 401k Claim
In April 2018 The Home Depot was sued in a fiduciary liability action where plaintiffs alleged…
