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D&O Insurance is Personal Net Worth Insurance D&O insurance, or more formally Directors and Officers Liability insurance in NY protects the personal assets of corporate directors, officers, managers, and other decision-makers as well as their spouses. We like to call it Personal Net Worth Insurance because that’s exactly what it does – D&O Insurance protects the

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Tags: D&O, D&O insurance, Directors and Officers Liability Insurance, Directors Insuarnce

Phishing attacks are on the rise, and threaten the cybersecurity of firms large and small. The best defense against any type of cybercrime is education. Understanding the threat and having your employees understand the threat will help lessen the chances that hackers can infiltrate your network. Our guide on phishing attacks will help give you and

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Tags: cyber insuarnce, cyber risk, cyber risk management, phishing attacks

Okay, that’s a pretty broad headline, so I’m going to break down some of the major elements of how workers' compensation rates work in New York so you have a better idea of how it works and what’s critically important for you to know when making a decision on buying insurance. I'm not sure I'll hit

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Tags: workers comp, workers comp ny, workers compensation, workers compensation rates, workers compensation rates ny

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 BlockE&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 policy.  For

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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