The ALS Group

Recent Posts

Hired and Non-Owned Automobile Coverage - "but I have no autos"

Posted by The ALS Group on Nov 7, 2022 6:25:02 PM

An often misunderstood insurance coverage that is very important for a business, is Hired and Non-Owned Automobile ("HNOA") coverage. Most of the time, the company that is considering such coverage doesn’t think it has exposure to this particular risk since they do not own any automobiles. This could not be further from the truth... Recently, there was a tragic accident in NYC Times Square, where a delivery vehicle on its way to a jobsite fatally injured a pedestrian

Read More

Topics: Insurance, HNOA

L&L Secures Financing Package for 425 Park Avenue

Posted by The ALS Group on Dec 22, 2021 3:02:38 PM

The ALS Team congratulates, our client, L&L Holding Company on completing $9111.4 million financing on the iconic 47-story office tower at 425 Park Avenue.  The finance package, obtained through a consortium of lenders led by Blackstone Real Estate Debt Strategies, replaces 425 Park’s original construction loan and will cover the final stages of the project, including full lease-up, prior to being replaced by permanent financing.  

We are proud to have had the opportunity to support risk management needs of L&L Holding Company on this project! 

Read More

Topics: thankful

Happy Thanksgiving from ALS

Posted by The ALS Group on Nov 24, 2021 1:08:31 PM


As we are preparing to sit down with family and friends to celebrate Thanksgiving, we wanted to take a moment and share some of what the ALS Team is thankful for the 2021 holiday season: 

Read More

Topics: Risk management, Risk Management Blog, The ALS Group, thankful

CISA/FBI Holiday Cyber Advisory

Posted by The ALS Group on Nov 23, 2021 1:57:29 PM

As air travel for the upcoming Thanksgiving weekend spiked to pre-pandemic levels and AAA estimates over 53 million people will hit the road this holiday, the Cybersecurit

y & Infrastructure Security Agency (CISA) and FBI issued an advisory yesterday, warning critical infrastructure partners that malicious cyber actors tend to strike during holiday weekends.

“Although neither CISA nor the FBI currently have identified any specific threats, recent 2021 trends show malicious cyber actors launching serious and impactful ransomware attacks during holidays and weekends.”

Read More

Topics: Cyber Security, Data Breach, Holiday Risk, Risk management, Total Cost of Risk, business continuity plan

Additional Insured Vs. Named Insured on a Liability Insurance Policy

Posted by The ALS Group on Nov 16, 2021 2:12:16 PM

General Liability insurance covers various parties, and this includes named insureds and additional insureds. As risk managers, many people ask us about the difference between additional insureds and named insureds and how it affects them, which we highlight in this blog.

What is a Named Insured?

In a liability insurance policy, the named insured is the policyholder covered under the policy. The policyholder is covered for their legal liability that results in damages as a result of an occurrence. Many liability policies issued to a businesses will cover one named insured, usually, the corporation itself, but there is an opportunity to cover other related entities the insured would like and extend the coverage.

Read More

Topics: Real Estate & Development General Liability, Risk management, Total Cost of Risk

Effective Email Risk Management

Posted by The ALS Group on Nov 10, 2021 9:30:00 AM

Email has been a part of our everyday life for quite some time now. These days with some restrictions imposed on face-to-face interaction, email has become an effective way to communicate. As a result of this the number of emails sent and received daily has been steadily increasing each year. According to Campaign Monitor an average person sends and receives 121 business emails per day. While, this is an effective way to communicate, handling such an amount of emails can become a challenge if one does not have a strategy of how to manage them. Managing incoming emails and ensuring that emails you send are effective is important in this digital age.

Read More

Topics: Human Capital, Risk management, Total Cost of Risk

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.

Southern Marinas-1



Read More

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.  



Read More

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.

Read More

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.

Read More

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

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

Recent Posts

Posts by Topic

see all