Article

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 …

D&O Insurance Explained

When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.

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…

Resources

Browse Our Knowledge Library

Nonprofit board

Directors and Officers Insurance for Nonprofits and its Cost

How do insurance brokers make money?

How Do Insurance Brokers Make Money? Understanding Insurance Commissions

Board Meeting Minutes

The Importance of Board Minutes

What directors can do to avoid litigation or to be in a position better to defend themselves if they are sued.
Understanding Insurance Defense: Outside the Limits vs. Within Limits

Understanding Defense Outside the Limits vs. Within Limits 

Yellow Modern Interview Guest Promotion Youtube Thumbnail (1)

“It all started with the Insurance Courses by ITC” – Abe Gibson, Cyber Practice Leader, Cennairus Cyber

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 Explained

Fiduciary Liability Insurance protects fiduciaries of pension and employee benefit plans from loss due to claims of mismanagement, errors or omissions.
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 by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.
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...
Career Development Plan

Take Charge of Your Career with a Career Development Plan!

Building a career in insurance offers plenty of promise with many different paths to choose from. Here's what you need to know to get started on your career development plan today.
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 ...
ransomware attack

What is Ransomware?

Ransomware is a type of malicious software (malware) that cyber criminals use to prevent computer users from accessing systems or critical data until they've paid a ransom.
ERISA bonds

Understanding ERISA Bonds

An ERISA fidelity bond is an risk management instrument that protects the benefit or pension plan for which it is purchased, from loss due to dishonesty or fraud by the plan's fiduciaries.
Lloyds Building

What is Lloyd’s of London?

Lloyd’s is an insurance and reinsurance marketplace known for its shared risk approach to doing insurance, its global reach, and its financial strength.
what is D&O insurance

Why Directors and Officers need insurance

When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.
Start your insurance career

What your career counselor never told you

For some reason, insurance is not often talked about at career fairs in high school, colleges, and universities. We haven’t shaken off the image of the door to door life insurance salesman or the notion that it’s all a money grab. What a shame!
Underwriters at work

What is an Underwriter?

Have you ever filled out an application for insurance? An underwriter is a person who receives and analyzes your responses on that application. The underwriter assess the level of risk you present, the premium you'll pay, and your suitability for coverage.
Crime Insurance: Loss sustained vs. Loss Discovered

Commercial Crime Insurance – Loss Discovered vs. Loss Sustained

‘Loss discovered’ and ‘loss sustained’ are policy conditions in commercial crime insurance policies that define the claims reporting requirements for triggering coverage.
Insurance broker meets client

What is a Broker? (an Insurance Broker)

The primary role of the insurance broker is to learn about the client's business operations, evaluate the client's needs, explore the client's risk tolerance, and provide options and advice on how different insurance products will address the clients' needs.
Risk managers at work

What is a Risk Manager?

A risk manager is someone who works with an organization to identify, assess, reduce, and control potential outcomes for a company. Risk managers can work internally as an employee or as an external consultant.

Article

Nonprofit board

Directors and Officers Insurance for Nonprofits and its Cost

By

Directors and Officers (D&O) insurance safeguards nonprofit leaders. It provides financial protection for legal claims against them linked to their roles as directors and officers. Like all insurance, this protection comes with a cost. This article delivers a straightforward overview of “Directors and Officers Insurance for Nonprofits,” including an overview of the coverage provided by […]

Directors and Officers Insurance for Nonprofits and its Cost Read More »

How do insurance brokers make money?

How Do Insurance Brokers Make Money? Understanding Insurance Commissions

By

Insurance brokers act as key intermediaries, connecting clients with suitable insurance policies. Their expertise ensures clients find coverage tailored to their needs. But how do insurance brokers earn money? This article breaks down their primary sources of income, detailing the mechanisms of insurance commissions and broker fees. We’ll also differentiate between brokers and agents, address

How Do Insurance Brokers Make Money? Understanding Insurance Commissions Read More »

Understanding Insurance Defense: Outside the Limits vs. Within Limits

Understanding Defense Outside the Limits vs. Within Limits 

By

  Knowing how your insurance policy handles defense costs can have a significant impact on your financial security. Having this knowledge is key to making a good insurance purchasing decision.   This article aims to demystify two critical terms in insurance policies: “Defense Outside the Limits” and “Defense Within Limits.” We’ll explore these concepts, discuss their

Understanding Defense Outside the Limits vs. Within Limits  Read More »

Log in
Log in
Sign Up
Sign Up
ALL ACCESS SUBSCRIPTION (save $1450) !
This is default text for notification bar
Learn more