The ALS Group

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Southern Marinas Acquires Millstone Resort and Marina

Posted by The ALS Group on Oct 19, 2021 11:27:11 AM

The ALS team congratulates Southern Marinas Holdings II, LLC on, yet, another successful acquisition – Millstone Resort and Marina located on Lake of the Ozarks in Gravois Mills, Missouri.  

We are proud to have been a part of the Southern Marinas acquisition team and look forward to partnering with this wonderful organization as they continue to expand their portfolio of best-in-class waterfront recreational destinations.

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Topics: Client Success

Congratulations to Southern Marinas on Another Succesfull Acquisition

Posted by The ALS Group on Oct 11, 2021 3:42:20 PM

Congratulations to Southern Marinas Holdings II, LLC on completing their fourth acquisition in 2021 - the purchase of Hayden Lake Marina, located on picturesque Hayden Lake in the Coeur d’Alene region of Idaho.. The ALS Team is proud to be part of Southern Marina’s acquisition team and appreciates the opportunity to partner with this growing organization and its leadership team to support their risk management due diligence efforts.  Click on the image below to read the full press release.  



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OFAC Advisory Makes Paying Cyber Extortion Ransom Illegal

Posted by The ALS Group on Sep 29, 2021 10:30:23 AM

Ransomware continues to be a major issue for companies regardless of the size. It may be hard to believe, but the reason for this lies with the victims, because the quickest and most often used resolution to the attack is to pay the ransom. While paying the ransom, may resolve a problem for an organization, it encourages cyber criminals to continue the attacks.

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Topics: Cyber Security, Data Breach, Personal Cyber Risk

How Long Should you Keep your Insurance Policies?

Posted by The ALS Group on Sep 14, 2021 3:08:08 PM


Red Ring Binder with Inscription Insurance on Background of Working Table with Office Supplies, Laptop, Reports. Toned Illustration. Business Concept on Blurred Background.-1As, risk managers, we often get asked by clients, “what is the appropriate period to retain insurance policies” - the easy answer is “forever”... You are probably thinking that guidance seems a bit excessive, however quite a few types of policies, such as commercial general liability, may be triggered long after the policy has expired and thus should not be discarded but rather meticulously tracked.

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Topics: Total Cost of Risk, risk transfer, Insurance policies, Schedule of Insurance

Congratulations to Southern Marinas

Posted by The ALS Group on Jul 16, 2021 3:24:12 PM

Congratulations to Southern Marinas Holdings II, LLC on the purchase of Elliott Bay Marina, one of the largest private marinas on the West Coast. The ALS Team is proud to be part of Southern Marina’s acquisition team and appreciates the opportunity to partner with such a wonderful organization and its leadership team to support their risk management due diligence efforts.  Click on the image below to read Southern Marinas full press release.  

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Five Tips to Help Prevent Ransomware

Posted by The ALS Group on Jul 8, 2021 5:07:44 PM

As organizations are becoming more aware of Cyber-attacks and Ransomware and are improving IT security tools they use; Ransomware and Cyber criminals are also evolving and are devising new ways to breach a company's systems.  In addition, expenses related to Cyber breaches/attacks are steadily increasing.  Ponemon's 2019 Cost of a Data Breach study noted that "breaches originating from a malicious Cyber-attack were not only the most common, but also the most expensive."

Below are several tips to help combat Ransomware and other Cyber threats:

  1. Strong passwords aren't enough - companies should be implementing and enforcing two factor authentication to prevent unauthorized access using a company account, especially for users with elevated access rights. 
  2. "Over the counter" anti-virus is a bit outdated - look into rolling out Endpoint Detection and Response (EDR) software.  It's smarter and responds fast to threats than your average anti-virus software. 
  3. Implement Email Spam Filtering - a quality spam Filtering service will not catch all spam and phishing attempts but it will prevent most of them from reaching a user's inbox; therefore reducing the threat that a user errantly clicks on a malicious link For the ones that do get through, educate your staff on how to identify and deal with phishing attempts. 
  4. Introduce multiple point of redundancy - in some cases your backup system may be compromised or unavailable.  Remember, cloud servers and backup systems can get hit with ransomware too. It's best to have a backup to your backup.
  5. Patch servers and computers regularly and update firmware on hardware devices. 

Last but not least, make sure you have adequate Cyber insurance that covers ransomware events, extortion payments, legal and forensic fees and data recovery in additioon all of the other beneficial coverages that are provided by a Cyber Liability policy.  

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Topics: Cyber Risk, Ransomware, Total Cost of Risk (TCoR), remote work, top risks of 2021

Celebrating the Fourth of July Post-Pandemic

Posted by The ALS Group on Jul 2, 2021 9:31:54 AM

As the Covid related restrictions are being lifted and we are slowly returning to our pre-pandemic routines, we are all looking forward to celebrating Independence Day.

Fireworks are a staple of Fourth of July celebrations in the United States, and while some small towns are still scaling back their professional fireworks displays, Macy's Fourth of July Fireworks on the East River are back in full force.  People are gathering again for cookouts in their backyards, parks and beaches to barbecue and put on their own firework displays. 

The ALS team is celebrating our first Independence Day in our new home and, as always, our mindset is that of mitigating risks.  To that end, we wanted to share some important points on the fireworks safety. 

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Topics: Risk Management Blog, Risk Mitigation, Safety and Compliance, COVID-19, homeowner's insurance, Independence Day

The Great American Flag to be Unfurled in New York City for the Nation's Bicentennial

Posted by The ALS Group on Jun 13, 2021 6:57:09 PM

The Great American Flag - the largest flag ever made, measuring 193 feet by 366.5 feet - will be displayed on the Verrazano-Narrows Bridge on July 3rd and 4th as a salute to the nation's Bicentennial, it was announced today jointly by J.Clarence Davies Jr., Chairman of the New York City Bicentennial Corporation;  David L. Yunich, Chairman of the Triborough Bridge and Tunnel Authority, and Dwight C. Minton, President of Church & Dwight Co., Inc. makers of Arm & Hammer products, sponsors of the Flag.  Mr. Minton stated that the project has been undertaken because Arm & Hammer has been celebrating their 130th year during the nations' Bicentennial, and because "the traditions of our Company and those of America re so closely linked."  

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Topics: #flagday

Happy Memorial Day

Posted by The ALS Group on May 27, 2021 1:07:49 PM

Memorial Day signals the unofficial start of summer and, as the AAA predicts, almost 37 million Americans will be travelling this Memorial Day for the first time in over a year.

Whether you and your family are planning a trip to the beach or just having friends over for a barbecue in the back yard, please stay safe and enjoy the long weekend!

As you and your loved ones gather to celebrate the unofficial start of summer, please take a moment to remember the true meaning of the Memorial Day and to honor those who sacrificed their lives for our country.

The ALS team wants to thank the men and women who made the ultimate sacrifice in service to our country. We are deeply grateful and will always remember our fallen heroes.

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Topics: #weremember #memorialday #honor#neverforget


Posted by The ALS Group on May 6, 2021 3:34:11 PM


Mother’s Day is a special day to honor all moms and while we honor our own moms, we wanted to give a shout out to all of the moms who are part of our team!

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Topics: The ALS Group, women, thankful

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)

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