COI Compliance: Do You Sleep at Night?

Posted by Andrew Masini on Jul 24, 2017 1:07:24 PM

There are industries that entail managing insurance compliance among large numbers of vendors/contractors, which challenges even the most organized firm to manage the compliance properly. If done right, it’s a process which requires diligence and specialized knowledge:

Read More

Topics: COI Compliance

Client Success Story: Real Estate Investor/Lender – Insurance Compliance

Posted by Jon Edwards on Jul 12, 2017 10:53:08 AM

Situation & Issue

A NY-based organization (acting as tax syndicator) with over 350 properties engaged us to review and modify the lender requirements and to ensure insurance compliance with the requirements from the various parties involved in a deal

Read More

Topics: Real Estate, Client Success, COI Compliance

3 Types of Employees that Expose Organizations to Cyber Risk

Posted by Jon Edwards on Jun 6, 2017 11:12:23 AM

When most businesses think cyber crime, they imagine brute force threats from foreign agents or highly advanced hacker teams. Executives tend to think that external forces well beyond their control make up the vast majority of security loopholes.

Read More

Topics: Cyber Breach, Cyber Risk, Cyber Risk Mitigation, Cyber Security, Phishing Scam

ERM | Monitor, Measure, and Evolve

Posted by Andrew Masini on May 25, 2017 11:12:29 AM

 

In our previous posts on Enterprise Risk Management (ERM), we defined ERM and addressed how to set up the program and use it to assess and treat risks. We have come a long way! In this post, we evaluate the program.

 

ERM is not a static program. An effective approach to evaluating and enhancing the performance is a three-part one: measure, monitor and, most importantly, evolve.

Read More

Topics: Enterprise Risk Management (ERM), Enterprise Risk Management, ERM

Trump’s Cybersecurity Exec Order: Businesses Should Follow the Lead

Posted by Jon Edwards on May 17, 2017 3:02:30 PM

What does the new order do?

On May 11th 2017, President Trump issued the new, signed cybersecurity executive order that demands each federal agency and department head will be held accountable for cybersecurity risk to their enterprises; an initiative to better protect the federal government's critical data and systems. It outlines the cyber-risk reporting requirements that they must adhere to and names the framework that they'll use as the standard.

Read More

Topics: Cyber Risk, Cyber Risk Mitigation, Cyber Security

Is your insurance compliance fact or fiction?

Posted by Albert Sica on May 10, 2017 10:49:00 AM

Obtaining the clarity with both a contract and the related insurance compliance has turned into one of the more daunting tasks for "upstream" counter-parties such as Landlords, Owners, etc. When reviewing vendor contracts there are several issues that Landlords, Owners, etc. should be mindful of, such as:

 

Read More

Topics: Compliance, Insurance Coverage Placement, Insurance Coverage Selection

9 Important and Surprising Trends in Cyber Security

Posted by Jon Edwards on May 2, 2017 3:58:00 PM

The cyber security world evolves at a breakneck pace. For those not following closely, new developments can be unexpected and downright scary.

Read More

Topics: Cyber Liability, Cyber Risk, Cyber Risk Mitigation, Cyber Security, cyber attacks

5 Activities for Take Our Daughters and Sons to Work Day

Posted by The ALS Group on Apr 27, 2017 4:49:13 PM

3.5 million workplaces celebrate Take Our Daughters and Sons to Work Day in the United States, is yours one of them?

Read More

Topics: Construction Workplace Safety, Workplace Safety

Newark, NJ City Computers Struck By Ransomware Attack

Posted by Jon Edwards on Apr 25, 2017 2:06:29 PM

 

Multiple sources reported yesterday that hackers encrypted files on computers belonging to the city of Newark and have demanded $30,000 worth of Bitcoin to restore them.

Read More

Topics: Cyber Breach, Cyber Insurance, Cyber Security, Ransomware, cyber attacks

When Construction Shortcuts Become Criminal

Posted by The ALS Group on Apr 20, 2017 4:33:00 PM

Take a casual stroll in Manhattan and you can't help but notice that construction is booming. Cranes, scaffolding, and sidewalk sheds are everywhere. And this isn’t just a New York City phenomenon. Ground-up construction and renovation projects are picking up all across the country. Low interest rates and favorable building conditions are resulting in a surge in real estate & development projects.

Read More

Topics: Construction, Construction Accidents, Construction Project Risk, Construction Workplace Safety, Real Estate & Development Risk, Risk Management Blog, Worker's Compensation

The ALS Group

Risk Management Blog

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

Subscribe to Email Updates

Posts by Topic

see all