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
How’s Your Doctor’s Webside Manner? By Kayla Mayhew | Life Sciences Practice Leader | Founders Professional Over a dozen physicians, from primary care doctors to specialists, couldn’t explain 17 years of daily symptoms – which worsened with each passing year. Test after test gave no answer. Medications provided either no relief or made symptoms worse....Read More
Lawyers Should Avoid These Common Legal Malpractice Pitfalls Lawyers come into their line of work facing a slew of expectations when it comes to their professional care and knowledge. The wrong move could easily result in a client taking action against you for legal malpractice. Raffi Kodikian is Senior Vice President and Lawyers Professional Liability Practice...Read More
National Wholesale Insurance Brokerage Strengthens Bench with the Addition of Three New Brokers Explosive Growth Fuels Need for a Deeper Bench October 2021 National wholesale insurance brokerage, Founders Professional, is very excited to introduce our newest additions to Team FoundersPro – Jacob Frost, Kyle Hermansky and Gracen Boatright. All of whom will be joining Founders...Read More
My ‘Why’ as a Professional Liability Broker By Kayla Mayhew, Life Sciences Practice Leader at Founders Professional August 2021 A defining moment of my life occurred on a chilly February ‘96 evening, riding home from the hospital in the backseat of one of my dad’s favorite cars, a 1967 Pontiac LeMans. I stared...Read More
Introducing Bowhead Specialty July 2021 Founders Professional is very proud to be one of the selected brokerages across the Country that is now able to access the Lawyers and Miscellaneous Professional liability products of Bowhead Specialty Underwriters, Inc. Bowhead Specialty Underwriters, Inc. Professional Liability Product Offerings Lawyers Professional Liability Written on a claims-made basis...Read More
Fresh Eyes Upon the World of Insurance By Tanner Grail | Founders Professional Summer Intern July 2021 When starting my summer internship with Founders Professional, I attempted to enter with a flexible and adaptable posture. Aiming to drop any prior expectations, I prioritized creating a clean slate and cultivating an eagerness to learn and absorb...Read More
Prior Acts Coverage – Insurance Coverage for Your Past Activities April 2021 For the last 18 months or so, the Professional Liability insurance markets (along with many other insurance markets) have been “hardening,” industry jargon for premiums increasing and/or coverage decreasing. Basically, the deals for the consumer are getting less favorable. As a result, many...Read More
Insuring the Directors & Officers (D&O) of a SPAC for their IPO A Special Purpose Acquisition Company or SPAC is an entity that has no operations. It’s a vehicle to raise capital through an IPO, that will eventually be used to acquire an existing private company, and that private company will become a publicly traded...Read More
This year may look different for all of us, but we’re doing our best. By Jaimee Williams-Caldwell December 01, 2020 These past eight months have been anything but normal for many of us, especially parents, and more especially, mothers. As I sit here writing this, I’ve got a baby in one arm and a toddler...Read More
