+727.290.9801

Category

cyber liability
Endless Opportunities if You Know Where to Look   Opportunities to write new business in the healthcare and life sciences sectors are endless. Focusing your efforts in these areas should prove to be extremely successful for any insurance agent. At Founders Professional, we pride ourselves on our specialization and expertise in the wholesale professional liability...
Read More
Three of our Newest Insurance Markets for Your Risks   Global Indemnity gbli.com Primary & Excess Rated “A” (Excellent) by AM Best Group     Management Liability /Not-For-Profit PACKAGE PRODUCT (D&O, EPL, Fiduciary, Crime) A modular package policy for Privately Held, For Profit Companies and Non-Profit Organizations. Target small to middle market risks with up...
Read More
Businesses of all sizes are experiencing cyber incidents at an alarming rate. Cyber-related losses like fraudulent wire transfers, phishing and ransomware attacks have become the focus of cyber criminals. Therefore, the need for cyber insurance (for businesses of all sizes) has never been greater. Cyber insurers look carefully at each potential client to make sure...
Read More
THE SINGLE BEST PROTECTION AGAINST RANSOMWARE MFA can Save your Business from Malicious Ransomware and other Cyber Attacks   Small businesses are exposed According to the department of Homeland Security approximately 50 – 75% of all ransomware breaches were against small businesses. With the rise in successful ransomware breaches, the associated costs of a ransomware...
Read More
Cyber Insurance Threats and Underwriting Requirements   Cyber insurance premiums are continuing to rise drastically in 2022. Insureds have seen premium increases from 50% to 400%.  Premiums have increased due to a spike in claim frequency and severity.  In the last 18 months, there have been many cyber breaches, but there are three that stand...
Read More
September 2021 The worlds of Healthcare and Life Sciences are complex. Both are experiencing unprecedented change and innovation due to personalized medicine, emerging technologies, and the surge in telehealth. Medicine is constantly evolving, but there’s presently a public microscope focused on practitioners, scientists, and government agencies due to the ongoing pandemic.   No one could...
Read More
LAW FIRMS IN THE POST-PANDEMIC WORLD The global pandemic changed everything. Even being a lawyer. By Jaimee Williams-Caldwell | Broker | Founders Professional   Over the past year life has changed drastically. From our societal issues, to our healthcare, schooling for our children, to the shakeup of our workplaces and our life routines. Nothing is...
Read More
Class Action COVID Prior to COVID-19, the D&O insurance market was already undergoing a period of remedial correction in terms of both pricing and carrier appetite, following years of soft market trading conditions and heavy losses. However, the initial impact of the pandemic alongside some of the longer-term effects is already being realized, such as...
Read More
Why are Premiums Going Up? March 2020 A private company, with no claims history and no cannabis or crypto currency exposure, gets their management liability renewal quote and the premium is up 20%.  The CFO says, “Our company is the same as it was a year ago, why did my premium increase?” The current premium...
Read More
Why Buy Cyber Liability? 10 Reasons Healthcare Entities Need to Buy Now   1  | PRIVACY LAWS Federal laws including the Health Insurance Portability and Account- ability Act (“HIPAA”) and the Health Information Technology for Economic and Clinical Health (“HITECH”) Act require prompt notification if protected health information (PHI) that is not encrypted is lost,...
Read More
1 2