Silicon Valley Bank Seized The Potential Fallout from the 2nd-Largest Bank Failure in U.S. History   March 13, 2023 By now you’ve likely heard of the Silicon Valley Bank (SVB) crisis. The bank’s assets were quickly depleted late last week with customers withdrawing over 42 billion US dollars on Thursday. As of late last week,...Read More

How to Reactively Talk to Your Clients about Cyber Insurance   By now, you may have spoken to your clients about their cyber exposures and perhaps even presented a quote for coverage. But they still aren’t convinced. To help you explain their cyber exposure and the value of cyber insurance as a form of protection,...Read More

How to Proactively Talk to Your Clients about Cyber   Before talking about cyber insurance premiums and the coverage available, it’s important that clients first recognize some of the basic cyber risks faced by their business as many may not know where their major exposures lie or that insurance exists to cover them. To help...Read More

  New Lawyers Professional Liability Insurance Market – Golden Bear   Golden Bear Insurance Company offers a Lawyers Professional liability insurance product that is broadly tailored to meet the needs of all legal professional in a world of emerging risks. Their policy can be further customized to cover unique practice areas.   Golden Bear Insurance...Read More

Directors & Officers (D&O) Liability Insurance    What is D&O Insurance? Directors and Officers insurance (D&O Insurance) protects a company against liability while managing their business. The policy will cover defense costs and settlements resulting from claims that allege a breach of fiduciary duty, errors and omissions, and misrepresentations.   Who Needs D&O Insurance? Public,...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

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

Components of a Great Wholesale Insurance Submission  A question I’m often asked as a wholesale insurance broker is ‘what are you looking for in a submission?’ Well, for different lines of coverage, this can mean different things. But overall, there are three things that fit just about every submission. In a world where instant gratification...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

Raffi Kodikian   March 2022 Congratulations to Raffi Kodikian, Senior Vice President & Lawyers Professional Liability Practice Leader, at Founders Professional for being recognized by Insurance Business America Magazine as a 2022 Top Specialist Broker.  Raffi has been recognized for this esteemed honor two out of the past three years. Raffi’s specialization is in the...Read More