Tag Archives: coverage
Directors and Officers: CEO Succession Key for Risk Management
There are numerous components to a key risk management strategy. One way is with a successful CEO succession strategy.
The CEO is the figurehead of the company. Especially in high profile companies, they command a large amount of attention and have a significant influence on the company’s brand and image. It is growing as a crucial risk management strategy as well. Investors, rating agencies, and governmental entities are starting to require information about succession planning. And internal talent development and a comprehensive CEO succession..
Cyber-Liability Insurance: A Tough But Necessary Sell
Why Cyber-Liability Insurance is a Must-Have Coverage for Your Clients
The cyber-liability landscape is constantly changing. It is difficult to see and identify risks- consequently it can be a difficult sell to clients. However, it is an essential form of coverage that business owners should not be without. It is essential for agents to educate insurance purchasers about the exposure to loss and potentially devastating consequences of a cyber-breach.
There were 515 million records breached in the U.S. in 2010, according to the Privacy Rights Clearinghouse...
Professional Liability Risks for Nonprofits
Professional Liability Risks for Nonprofits
Nonprofits were hit hard by the recession. During 2005 to 2010, private charitable contributions fell by nearly 10 percent (after adjusting for inflation). In short, people just didn't have the money to give. And while it’s starting to rise, charitable donations remain significantly below pre-recession levels.
Celebrity nonprofits are a double edged sword. A recognizable name brings a huge visibility to a cause, but it also ties the nonprofit directly to the celebrity’s reputation. When Tour de France cyclist Lance Armstrong admitted to doping during his..
