One phrase we’re hearing from new clients far too often is, “my last broker didn’t return my calls”. It’s as if some brokers are playing a game of “now you see me, now you don’t”. And, surprise, surprise, you only see them when it’s time to plan for your renewal. Preparing for your renewal is…
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Lowering a high Ex-Mod is often more complicated than just doing one thing. In truth, there are a number of steps you’ll need to take. But there’s one big thing you can do that involves every single person you hire. Do you know what it is? One of the best thing a business can to…
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For the second year in a row, the BRP Management Liability Practice, in collaboration with Nasdaq, surveyed over 350 Nasdaq-listed companies about their Director’s & Officer’s liability insurance policy information to garner key insights that can help leaders benchmark and structure their programs. We asked our Management Liability Practice team of experts to weigh in…
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Let’s be honest: finding the best insurance broker to oversee your risk management isn’t easy. After all, your business is complex. And, a holistic risk management approach is comprised of many moving parts. Nevertheless, selecting the right insurance is crucial to any Commercial Risk Management strategy. It is an investment that protects your organizations’ long-term…
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The coronavirus pandemic brought no shortage of challenges to the economy. In fact, we’re still seeing the aftershocks of this global phenomenon. Because of these challenges, it’s critical that companies have a comprehensive merger and acquisition due diligence process. This process will help you uncover any possible risks that can negatively impact a company’s EBITDA,…
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Chubb is a leader in the insurance industry, thanks in part to its size, longevity, and commitment to delivering specialized products and services. That’s why we are pleased to announce that our Private Risk Management team has yet again earned the designation of Chubb 2023 Cornerstone Elite Agency! This marks the 15th year in a…
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Cyber attacks cost the world billions every year. And while ransomware attacks are becoming more prevalent, there’s an even more dangerous type of malware that’s becoming more commonplace. It’s called Jackware. Jackware is a type of malware focused on taking over your machines and making them do things you don’t want them to do. In…
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Hello darkness, my old friend. I’m talking literal darkness here. With the weather in CA lately, many of our food and beverage clients experienced power outages from gusting winds and heavy rains. When power is out at a restaurant, warehouse, or manufacturing plant, operations must cease. Employees can’t operate machinery, computer networks are disabled, and…
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For some, retirement seems like a far-off reality. After all, earning enough to retire rarely happens overnight. In order to live out your retirement comfortably, most people will need to think ahead and plan accordingly. But, it’s easy to fall prey to common retirement planning mistakes. There’s one mistake in particular that you definitely want…
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The California insurance market has hardened. The insurance industry has recently limited its ability to secure reinsurance. This reinsurance issue has created underwriting challenges for carriers, causing many insurers to limit their footprint in California. A smaller carrier footprint means private policy holders face fewer options and higher premiums. But that’s not all. Today, in…
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