Las Vegas Trade Contractor retains $126k of WC and Auto Premium in one year.
We met with a trade contractor in Las Vegas with 100 employees. They were (relatively) happy with their broker and rates but wondered what other larger contractors were doing to control costs and claims. They were committed to preventing WC…
The Unique Landscape of Employment Practices Liability in VC and PE Firms.
Employment Practices Liability (EPL) insurance is a critical component of risk management in today’s business world. However, when it comes to venture capital (VC) and private equity (PE) firms, there are some unique aspects that set their EPL insurance needs…
Protecting Your Investments: Mitigating Cyber Risks for Venture Capital and Private Equity Firms
Introduction: In today’s digital age, venture capital and private equity firms are increasingly vulnerable to cyber threats. As stewards of valuable investments and sensitive data, it’s crucial for these financial institutions to understand and address the cyber risks they face.…
Navigating Portfolio Risks: A Guide for Venture Capital and Private Equity Firms
Venture capital and private equity firms are in the business of managing risk, and understanding the unique portfolio risks they face is crucial to success. In this blog post, we will explore six key portfolio risks that every VC and…
Navigating Risks Alleged by LPs: A Guide for GPs and Venture Capital Firms
General Partners (GPs) and Venture Capital firms play a critical role in managing and growing investments on behalf of Limited Partners (LPs). However, as LPs entrust their capital with high expectations, GPs and Venture Capital firms must be prepared to…
Venture Capital and Private Equity Firms Face Increased Liability
Amid increased scrutiny from the Securities and Exchange Commission (SEC) and heightened market turbulence, many private equity (PE) firms are worried about their potential liabilities. These include the risk of legal actions for breaching fiduciary duties, claims for errors or…
The most important question on an application for legal malpractice insurance.
You just paid for the firm’s malpractice insurance but it won’t cover you next claim. We have reviewed many law firms’ applications for legal malpractice insurance and hidden deep within those pages is a simple yes/ no question that…
What is considered a claim under legal malpractice insurance?
Lawyers must report more than simply lawsuits to their insurance company. The notice provision of a legal malpractice insurance policy requires that lawyers disclose to the malpractice carrier all known claims and any potential claims they know of – this…
Prevent cyber attacks with these 5 safeguards
Law firms are being targeted by cyber criminals but you can prevent most cyber attacks with these 5 safeguards. While most law firms have some level of protections we have seen that many small to mid-sized firms don’t have all…