Personal Cyber is one of the fastest growing products in the insurance industry. In the past 18 months, we’ve seen capacity double, and policy forms become more broad. Some of the largest carriers in the cyber insurance marketplace are trying to capitalize on personal cyber opportunities. This product is quickly becoming a necessary cross-selling opportunity...Read More

Healthcare Staffing Shortages: Impact on Quality Care and Insurance Claims The healthcare industry faces a critical staffing crisis. Since the pandemic, over 100,000 nurses have left the profession, and physician shortages could reach 86,000 by 2036. This shortage stems from increased healthcare demand, an aging population, and an aging workforce, leading to declining care quality...Read More

The Importance of Intellectual Property Insurance In today’s business landscape, intellectual property (IP) is a cornerstone asset, comprising a significant portion of company value; over 84% for S&P 500 firms. As the importance of IP grows, so does the need for intellectual property insurance. It is becoming essential for managing risks associated with IP disputes....Read More

A common mistake made by those who aren’t well-versed in claims-made coverage, and even those who are, is conflating a policy’s Pending and Prior litigation date with the Prior Acts date. The importance of understanding the difference between these two features is significant and can lead to significant E&O claims if not addressed properly. First,...Read More

The Importance of Cyber Insurance for Healthcare Systems   Recently, healthcare systems have been one of the top targets for threat actors – no surprise given the significant amount of confidential information they store. It’s important that these healthcare systems protect their providers and patient records by familiarizing themselves with State regulations, and how health...Read More

Oprah Winfrey to Chelsea Handler – Skinny Shot Popularity Clouds Healthcare Underwriting  The Semaglutide Craze   Weight loss is trending in the realm of healthcare. Over the past few years, there has been a significant increase in the amount of people that are using an injection containing Semaglutides to lose weight. These shots were originally...Read More

Automation Everywhere. But is it covered?   Do you remember a time when technology was an afterthought? When we didn’t have smart phones attached to our hips? When everything we interacted with wasn’t powered by technology and automation? Many of us were born in a time making us older than companies like Google, Amazon, or...Read More

Trends in Senior Living Communities after the Pandemic During the COVID-19 crisis, senior living communities were greatly impacted by the pandemic. Senior communities were put into survivor mode – as they struggled with virus control, increased mortality, and forcing seniors into isolation from their family and friends. With the heaviest part of the pandemic behind...Read More

Opportunities Abound in Life Sciences The Life Sciences and Nutraceutical industries must carefully address the unique exposures they face in relation to their service, development, manufacturing, sale, distribution, and warranty of products. Clinical trials, pharmaceuticals, medical devices, biotechnology, and dietary supplements all have unique liability challenges that need customized and comprehensive coverages.   Products Liability...Read More

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