Traditional ways of operating a law firm are becoming more and more dated. As the workforce is increasingly made up of millennials, the days of working a strict 9 to 5 with rigid policies are coming to an end. If your clients have not gotten on board and adapted one or any of these policies, chances are, they’re already falling behind. In this post, we’ll explore some of the needs of millennials and how big law firms can adjust to current..
The homebuying traditions set forth by baby boomers are becoming less and less popular. While putting 20 percent down on a home is ideal, millennials don’t have that kind of money laying around. Instead of foregoing home ownership altogether, a new report suggests that these individuals are changing the home buying landscape. In fact, less than half (39 percent) of millennials submit offers with the recommended 20 percent down payment. Twenty-one percent put down the minimum: 5 percent or less, says the..
PL Risk Advisors, Inc. will be presenting a complimentary webinar focusing on vendor breaches titled The Vendor Breach - Cyber Liability Among Business Partners. It will take place on Tuesday, October 3rd, at 2PM EST. Details can be found below.
The discussion will include:
- Behind the scenes of vendor breaches; what really happens
- Vendor Breach Multiplied - How to handle duplicate notification requirements
stemming from the breach of one vendor
- What contractual pitfalls to avoid and what to negotiate contractually, pre
and post breach
- What cyber policy terms and conditions to be aware of when evaluating
Posted:September 26, 2017
Managing the small details while still working toward the greater goal of marketing multiple commercial properties can be a challenge. While commercial real estate might have a different feel than residential sales, it’s important to remember these key factors when marketing commercial business. In addition to sharing this information with your clients, protect their operation from front to back with a Commercial Real Estate Professional Liability Insurance policy.
Focus on interpersonal relationships.
Technology might streamline processes, but the backbone to any..
Posted:September 25, 2017
As cell phones and tablets become more complex and capable, so does the threat of them being hacked. With the right equipment, hackers can gain full control and install malware on a phone within 30 seconds. Most employees not only use their phones regularly for work, they rely on them. Therefore, in addition to protecting the operation with a Privacy and Network Security Insurance, share the following information regarding cyber threats and portable devices with your clients.
Posted:August 11, 2017
By Drew M. Smith
PL Risk Advisors, Inc. of Franklin Lakes, NJ recently announced the creation of a cyber resource hotline for all of its clients. The significant increase in cyber threats and cyber risks has created the need for additional resources for our clients. The company has partnered with Mullen Coughlin, one of the country’s most respected cyber law firms, to field questions from PL Risk clients. The use of this hotline is free of charge to clients of PL Risk and includes a one-time brief consultation to assist clients in identifying..
Posted:July 25, 2017
The truth is, businesses aren’t quick enough at identifying cyber-attacks. Sophisticated hackers are devising more and more ways to compromise business networks, steal confidential information, and wreak digital havoc. In this article, we’ll explore the red flags that could indicate a potential breach. In addition, prepare your clients with a comprehensive Privacy and Network Security Insurance program, as it is their first line of defense.
Password activity issues.
If an employee is randomly locked out of some accounts, or their passwords indicate there..
Posted:July 21, 2017
By Drew M. Smith
PL Risk is proud to announce that their CE classes are now being offered in more states. Recently, they have been approved to offer Continuing Education courses in the state of Florida. Their hope is to provide vital education to this very large and valuable market.
The three currently approved courses are:
- Cyber Insurance: An overview of what it covers, assessments and claims scenarios
- Avoiding E&O Claims: Identifying key risk areas, claims scenarios and risk management
- Private Company D&O: An overview of what it is, what it covers and why private companies need..
Posted:July 7, 2017
Improving and simplifying the real estate industry is always a desire for agents. As drones provide a simple way for agents to showcase their commercial and residential listings with ease, they have been slowly incorporated into the business in recent years. However, using these unmanned machines to capture aerial images is not without its risks. In addition to protecting your clients with a Real Estate Professional Liability Insurance policy, share the following advice with them.
Now that more and more real estate..
Posted:June 2, 2017
By Drew M. Smith
Franklin Lakes, NJ - PL Risk Advisors, Inc. is pleased to announce the promotion of Michael Brady to the position of Vice President – Finance. Mike had formerly held the position of Controller for the company. In his new position he will oversee all financial operations of the company including accounting, compliance, taxes and human resources for the consolidated companies.
The company’s President Mike Smith said “Mike has been a valuable asset to our company and has really learned our business in a short period of time. ..
Posted:May 30, 2017
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