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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 … Read More
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 … Read More
Why Cyber Insurance for Hedge Funds is a Good Idea. Cyber insurance and cyber related losses are constantly in the news, but few hedge fund managers really understand what this form of insurance is really all about and why purchasing it is a good idea. In this article we explore the coverage features of cyber … Read More
This is a guest post from our good friend Andrew Singer, Co-Managing Partner of Tannenbaum Helpern Syracuse & Hirschritt, LLP, a New York law firm. Andrew leads the employment practice at the firm and recently released this article that is definitely “share-worthy” at this time of year! ‘Tis the season – that is, Holiday Party … Read More
Contractual Risk Transfer – A critical risk management strategy for businesses of all sizes. Risk Transfer, or Contractual Risk Transfer not too long ago was solely the domain of contractors and while the construction industry is the heaviest users of risk transfer, I’d like to show businesses of all types and sizes why they need to … Read More
A Guide to D&O Insurance. Directors & Officers Liability Insurance, commonly known as D&O can be confusing. It’s a very different type of policy than most business leaders are familiar with and that’s why we are providing A Guide to D&O Insurance here. The policy itself is written on a “Claims-Made” policy form, which is … Read More
Product Recall Insurance is a special form of insurance, typically purchased by manufacturers and distributors to safeguard against the costs associated with withdrawing a defective, dangerous, or contaminated product from the marketplace. Coverage is underwritten by a handful of insurers who often provide specialized risk control and consulting services as part of their coverage offering. … Read More
Executive Summary: In this article we focus on understanding indirect loss costs and how they impact a firm’s bottom line. Indirect loss costs are well established in the Fortune 500 world, but they don’t get much attention in the middle market, which is a shame. Indirect costs are just as significant (if not more … Read More
I get this question a lot, from prospects, clients, and centers of influence. I understand that for a lot of private company owners, D&O may seem like a “nice coverage to have”, but since it’s not mandated by anyone or required by law the purchasing decision gets deferred, sometimes indefinitely! I get it, insurance isn’t … Read More
In today’s gig economy, there are numerous forms of employment which can bring challenges to your workers compensation insurance, and worker injury risk. The Alternate Employer Endorsement is an important risk transfer tool which should be deployed when non-traditional employment arrangements are engaged in. Here’s why. If you are an employer who employs workers from … Read More
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