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News & Insights

Multi-Factor Authentication

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...
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Building Coverage Limits: Quota Share vs. Excess Coverage

The Primary- Excess Model vs. The Quota Share Model April 2022 A relatively recent development in the domestic liability market is the proliferation of the Quota-Share format of insurance coverage. Quota-Share is a method by which two or more insurance carriers share the exposure presented by a particular risk, in that they share the loss-limit...
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2022 Top Specialist Broker

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...
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Cyber Insurance Underwriting in 2022

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...
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Webside Manner – Critical to Enhancing a Patient’s Care Journey

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....
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Raffi Kodikian Discusses Lawyers Professional Liability Coverage and Its Key Benefits for Firms and Legal Professionals

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...
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Recent Hires- Fall 2021

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...
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Covid-19 Increased Third-Party Consulting in Healthcare & Life Sciences. What’s the Risk?

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...
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Our Changing Times

OUR CHANGING TIMES How Covid-19 Continues to Impact the Building & Design Industries   August 2021 It started in early 2020 – Covid-19. Who would’ve guessed that we would still be in the grasp of a pandemic in mid-2021? We’ve all had to adjust our schedules and our lives to stay as safe and as...
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My ‘Why’ as a Professional Liability Broker

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...
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