Captive Insurance

Captive Insurance

What Is Captive Insurance, Exactly?

A captive insurance company is an insurance company established by a business for the purpose of insuring that business’ risks. Unlike a traditional commercial insurance company that will issue …

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first party cyber insurance

First-Party Cyber Insurance

First-party cyber coverage is the portion of a cyber insurance policy that protects your business when you suffer direct losses from a cyber incident. It reimburses your organization for its own costs—such as data restoration, incident response, ...
First party insurance

Understanding First-Party Insurance

'First-party insurance' refers to a type of insurance designed to cover a business’s own direct losses from events like fire, theft, or cyberattacks. When a covered peril strikes, this ...
Captive Insurance: How does a fronting agreement work?

What Is a Fronting Agreement (And How Does It Work)?

A fronting agreement is an arrangement in which a licensed, admitted insurer issues and administers an insurance policy on behalf of a captive insurer.
Captive Insurance

What Is Captive Insurance, Exactly?

A captive insurance company is an insurance company established by a business for the purpose of insuring that business’ risks. Unlike a traditional commercial insurance company that will issue ...
Liability Coverage in a Cyber Policy

Liability Coverage in a Cyber Policy

Cyber liability coverage refers to the third-party coverage component on a cyber insurance policy. Unlike many other types of insurance, a cyber insurance policy includes both first- and third-party insuring clauses.
Third-Party Insurance: Understanding Liability Coverage & How it Works

Third-Party Insurance: Understanding Liability Coverage and How it Works

'Third-party insurance' refers to insurance designed to cover loss incurred by the insured party as a result of their legal liability to a third party.
Insurance binder

Insurance Binders Explained: What They Are and Why They Matter

An insurance binder is a legal document that provides temporary proof of coverage when the final insurance policy documents have not yet been issued.
Media Liability Insurance

Media Liability Insurance

Media liability insurance protects an organization against loss from claims arising from the content it creates, publishes, or distributes, both online and off. 
What is Cyber Extortion?

What is Cyber Extortion?

Cyber extortion is  a form of cybercrime where attackers threaten to damage, disable, or release a victim’s digital assets, such as data, systems, or networks, unless a ransom is paid or a demand met.
Media Liability Coverage in a Cyber Policy

Media Liability Coverage in a Cyber Policy

Media liability coverage in a cyber insurance policy is an insuring clause that protects an organization against loss from claims arising from the content it creates, publishes, or distributes.
Understanding Cyber Extortion Coverage

Understanding Cyber Extortion Coverage

Cyber extortion coverage is designed specifically to cover costs arising from an extortionist holding applications or data hostage or threatening a cyber attack. Typically available within a ...
General Liability Insurance Explained

General Liability Insurance Explained

General liability (GL) insurance is a type of business insurance that provides financial protection against claims from third parties for bodily injury, property damage, and advertising-related harm. Learn what in includes, excludes, and more...
Not all cyber policies are the same

What is Cyber Insurance?

CYBER INSURANCE: A tool to minimize cyber and reputational risk and protect the balance sheet and bottom line. A look at the coverage areas and triggers.
DOX

D&O Insurance Explained

When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them. Understand the rules governing directors and officers and potential liabilities
Professional liability insurance explained

Professional Liability Insurance Explained

Professional liability insurance is a type of liability insurance specifically for individuals and organizations that provide professional services. This insurance policy protects professionals when they are ...
FLI

Fiduciary Liability Insurance Explanation & Video

Fiduciary Liability Insurance protects fiduciaries of pension and employee benefit plans from loss due to claims of mismanagement, errors or omissions.
Loss due to crime

Commercial Crime Insurance Explained

Commercial crime insurance is a type of property insurance designed to cover the loss that an organization suffers from damage to, or destruction or disappearance of, its own property as a direct result of crime. Read...
EPLI explained

Employment Practices Liability Insurance Explained

Employment Practices Liability Insurance (EPLI) is an insurance policy that protects organizations, directors, and managers against claims arising from an insured’s injury-causing ...
Contingent Business Interruption Insurance - Explained.

Contingent Business Interruption Insurance Explained

Contingent Business Interruption - a business's loss of income as a result of an interruption in service from a third-party service provider.
Cybersecurity Risk Management

Cybersecurity and the Duty of Oversight

When cybersecurity represents a mission critical legal risk, who is responsible for managing those risks? Where do directors and officers stand when it comes to their duty of oversight?

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