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.
What is Ransomware? Read More »
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.
What is Ransomware? Read More »
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.
Understanding ERISA Bonds Read More »
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 Lloyd’s of London? Read More »
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.
Why Directors and Officers need insurance Read More »
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!
What your career counselor never told you Read More »
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.
What is an Underwriter? Read More »
‘Loss discovered’ and ‘loss sustained’ are policy conditions in commercial crime insurance policies that define the claims reporting requirements for triggering coverage.
Commercial Crime Insurance – Loss Discovered vs. Loss Sustained Read More »
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.
What is a Broker? (an Insurance Broker) Read More »
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.
What is a Risk Manager? Read More »
A claims adjuster investigates insurance claims to determine the extent of an insurance company’s liability (i.e., claims settlement). A claims adjuster will interview witnesses, review statements, analyze the damage and make recommendations to the insurance company about the claim.
What is a Claims Adjuster? Read More »