Improving the biography of a building can help reduce the cost of multi-family insurance premiums. As you might expect, an insurance company looks to minimize their own exposure when taking on a new risk. So, when it comes to real estate, presenting the property in a more favorable light can often make it more appealing […]
Are you renovating your home without reviewing your insurance? Big mistake! While many of us often invest in increasing the value of our home by remodeling, we tend to forget that the cost to rebuild has increased too. That’s why it’s important to make sure you avoid these 3 mistakes when renovating your home: 1. NOT […]
Does your organization have an employee handbook? If the answer is no, it’s time to revisit the idea of introducing one to your company. While creating an employee handbook may seem like a tedious and time-consuming task, there are many ways your business will benefit. Here are a few reasons your company should create and […]
Owning and managing property is often complicated despite the attractiveness of the job. Besides the risk of damage to the physical properties, there are other exposures often overlooked or underestimated. Adaptability and staying educated can help you to identify and mitigate potential property management risks Continued before a claim occurs. Here are 5 of the […]
Residential and commercial real estate development are flourishing as many projects continue to commence in the Greater New York City Area. Other than General Liability, there are various exposures associated with real estate development. Here are 3 things a developer doing business in NY should consider when buying real estate developer insurance: 3 Thing You […]
Personal Insurance for High Net Worth Individuals America’s rich are getting richer…and younger. Technology and venture capital are creating more paths to wealth in recent years. Studies show that the number of high net worth individuals (HNWI) is on the rise. Unfortunately, today’s millionaires and billionaires are also more vulnerable than ever before. Insurance exposures […]
The majority of businesses that DON’T have a comprehensive business continuity plan – over 70% of them – will FAIL to recover from a significant interruption event. Some businesses’ biggest vulnerabilities will primarily relate to natural disasters. Others might be more easily crippled by a data breach, or breakdown of machine. If you’re a landlord, […]
How old is the insurance policy on your business? If you’ve kept the same policy for several years, you’re likely operating without some of today’s essential insurance products.
In cyber liability insurance, businesses and organizations are protected from financial losses related to data breaches, cyber-attacks, and other forms of cyber crimes. Many companies, big or small, utilize IT services to make specific tasks and processes more manageable. While it’s highly effective, it’s not always safe because there’s always a risk of being under […]
Attorney errors and omissions insurance is complicated. It requires expertise and experience. Lawyer’s Professional Liability (LPL) Insurance, also known as Errors and Omissions(E&O) Insurance, is possibly the most critical insurance protection for law firms. This type of insurance provides coverage for claims that arise from “wrongful acts” committed in the rendering of legal services in […]