cyber liability

Phishing Attacks: A Must-Read Cyber Security Guide

With every cyber attack, it becomes increasingly clear that no one is safe from data breaches or cyber extortion. Whether you are an employer that stores proprietary data or an individual with financial and personal information at risk, hackers won’t rest until they have what’s yours. And their tactics continue to evolve. Cyber criminals have[…]

commercial insurance

Who’s to Blame if a Security Breach Affects Your Organization?

If a security breach affects your organization, your main focus may be to solve the problem as quickly as you can, not point the finger in blame. But your customers want to know why it happened and who was responsible, even if the breach occurred because of their own lax security measures (e.g., sharing passwords[…]

Treater And Tanks For Crude Oil And Condensate

D&O Glossary

Directors and officers (D&O) insurance can be confusing. Policies often contain a variety of terms that can be difficult to understand, especially for someone without an insurance background. Understanding what’s in your D&O policy is critical, particularly during the underwriting or renewal process. Prior to meeting with your broker, it’s important for policyholders to review[…]

Wall Street road sign, Lower Manhattan, New York City

GUIDE TO DIRECTORS AND OFFICERS INSURANCE

About This Guide Directors and officers liability (D&O) insurance is a critical component of almost every organization’s risk management program. In today’s business climate, D&O insurance is no longer a necessity for just large, publicly traded companies. All organizations—regardless of their size, mission or structure—have some form of D&O exposure. Yet, despite the fact that[…]

D&O Insurance

Why Your Company Needs D&O Insurance

Benefits of D&O Insurance for Private Companies With today’s emphasis on corporate transparency and accountability, an organization’s directors and offices face a countless number of exposures. Regardless of your company’s size or mission, the legal costs associated with a lawsuit can be crippling for both the organization and your directors and officers. Many wrongly assume[…]

Business Interruption Insurance

Benefits of Business Interruption Insurance

Reasons Why You’ll Benefit from Business Interruption Insurance Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In fact, just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures.[…]

Cyber attacks ahead

Business Email Compromise Remains a HUGE Issue

The FBI has released a Public Service Announcement regarding the continuing growth of Business Email Compromise (BEC). There are is a good deal of useful information in this PSA as well as some remarkable statistics regarding the monetary impact of business email compromise crimes. The FBI defines BEC as a sophisticated scam targeting businesses working[…]