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Why Network Security Insurance for Universities is EssentialWhy Network Security Insurance for Universities is Essential

Many college and university administrators mistakenly assume that network security insurance for universities is not necessary for them, because they will never have a data breach. Insurance experts compare this to assuming that a business will never experience a fire, and thus not buying property insurance. Your educator clients are just as prone to a data breach as large companies who have actually experienced a breach, such as Target, and even Nasdaq. In fact, educational facilities..



Posted:June 17, 2014

Why Nonprofits Need Privacy and Network Security InsuranceWhy Nonprofits Need Privacy and Network Security Insurance

If any type of financial loss occurs within your nonprofits clients’ company, it could be significant enough to easily put them out of business. Unfortunately, Privacy and Network Security Insurance is not typically a high priority for nonprofits, but it should be!

Data breach threats or cyber-attack exposures come from a variety of sources. It could be due to an employee falling prey to email fishing, or a laptop being stolen from an employee’s car. It could even..



Posted:June 16, 2014

Why Errors and Omissions Insurance is essential for Escrow CompaniesWhy Errors and Omissions Insurance is Essential for Escrow Companies

As a neutral, trusted third party, your escrow agent clients have a lot of responsibility to the clients they serve, especially since those people may never even end up meeting each other. In addition to fiduciary responsibilities, escrow agents must secure the property and examine documents to make sure that all the terms of the sale are met on each end in order to serve both the buyer and the seller in the..



Posted:June 11, 2014

What EPLI Risks do Accountants FaceWhat EPLI Risks do Accountants Face?

Employment Practices Liability Insurance (EPLI) is coverage intended to protect businesses against three general areas of employment related issues; sexual harassment a hostile work environment claims, wrongful termination, and any type of discrimination (which can include discrimination based on sex, race, age, religion, nationality, family, disability and pay, etc.)

It’s clear to see why any and all employers should carry EPLI, even if they only have 1 or 2 employees. Accountants are no exception. In fact, the American Institute of CPAs..



Posted:June 9, 2014

EPLI Should Your Clients Put More Focus on Employee Mental HealthEPLI: Should Your Clients Put More Focus on Employee Mental Health?

What is mental health? Many employers hear this term and automatically think “mental illness”, which makes them apprehensive about discussing the topic, wanting to avoid the stigma around the issue. However, mental health issues, such as stress and fear of failure, should be very real concerns for employers, as they can drastically affect how your client’s employees perform. Is it time for your clients to rethink, and put more focus on..



Posted:May 28, 2014

How do Cyber Security Risks Impact the Real Estate IndustryHow do Cyber Security Risks Impact the Real Estate Industry?

Recent scenarios such as the Target data breach and the Neiman Marcus breach have brought significant attention to the issue of cyber liability. But it’s important to understand that cyber security risks don’t just affect retailers or brick and mortar stores; cyber risks also threaten the real estate industry.

Cyber threats can come in the form of a stolen laptop or mobile device, among other exposures. Misappropriated customer or tenant information could result in..



Posted:May 23, 2014

Franklin Lakes, NJ- PL Risk Advisors Inc. will be attending the Professional Insurance Alliance conference in Atlantic City from June 8th-10th.  Two representatives for PL Risks Advisors will be attending: Matthew Culkin and Tyler Brown, both from the Franklin Lakes, New Jersey office. They will be introducing a new and innovative wholesale insurance brokerage focusing on management and professional liability

At this conference, Matt and Tyler will be on hand to formally announce the formation of PL Risk Advisors, the new and innovative wholesale division of Axis Insurance Services LLC.

When asked what he thought about the launch of this company, Tyler..


Posted:May 22, 2014

Franklin Lakes, NJ – May 20, 2014 – Axis Insurance Services, LLC announced today the launch of PL Risk Advisors Inc. or PLRisk™ which will focus on providing Professional Liability and Management Liability Insurance products for retail producers throughout the country.   The main focus of this new brokerage firm will be to assist retail agents and brokers in obtaining professional/management liability solutions for their clients in the areas of Errors & Omissions, Directors & Officers, EPLI, Privacy & Network Security, and more.  The company also announced launching of their new website for PLRisk™, www.plrisk.com.

In announcing this new company, Mike..


Posted:May 20, 2014

 

Franklin Lakes, NJ- Axis Insurance Services is proud to be a part of the 8th Annual National Errors & Omissions Insurance ExecuSummit taking place at the Mohegan Sun Resort & Convention Center in Uncasville, Connecticut, on June 17 & 18, 2014.

Mike Smith, the CEO of nationally recognized PL Risk and Axis Insurance Services, LLC will be a guest speaker on one of the panels at this convention. His panel will be discussing insurance agents and brokers, E&O trends, claims and coverage issues and he will be sharing the panel with three other distinguished panelists. Smith, a frequent industry speaker will..


Posted:May 20, 2014

Axis Insurance Services, LLC, Walks for a Good CauseFranklin Lakes NJ- On Sunday May 18, Axis Insurance Service, LLC participated in the Walk Now for Autism at MetLife Stadium in East Rutherford, NJ. Eleven employees joined an estimated 8, 000 walkers and enjoyed a marvelous day as they walked through MetLife Stadium for Autism Speaks.

Walking under the team name Franklin Lakes Cares, Axis Insurance Services employees and friends raised $11,541 of the estimated $322,766 raised at the North Jersey walk, the fourth most of any group that participated in the walk. CEO Mike..


Posted:May 19, 2014

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