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Posted: May 3, 2018

Understanding Fiduciary Liability Insurance and ERISAThere is often a lot of confusion regarding the insurance needs of fiduciaries and retirement plan officials and whether an Employee Retirement Income Security Act (ERISA) bond is the same thing as Fiduciary Liability insurance. ERISA bonds and Fiduciary Liability Insurance have similar goals, but are not the same. This article aims to better explain the differences of both, and clear up any misunderstandings.

Fiduciary liability insurance, sometimes called …



Tags: ERISA Fiduciary Fiduciary Insurance fiduciary liability Fiduciary Liability Insurance

Posted: April 2, 2018


3 Things to Consider When Purchasing E&O Insurance
Errors and omissions (E&O) insurance is the essential policy that covers a business or individual consultant in the event that a client accuses them of being responsible for a wrongdoing in a service they provided, or failed to provide. E&O insurance may be called by different names; for example, in the medical field it is often referred to as malpractice insurance and for some types of professionals in may be …



Tags: E&O Errors & Omissions errors and omissions

Posted: February 26, 2018

The Importance of Professional Liability Insurance for Property Managers

Due to the nature of their profession – working with people, property, and all that the two entail – it is imperative that property managers protect themselves and their operations with the right insurance coverage. Property management cases are one of the most common forms of claim brought against real estate practitioners, as well as one of the areas with the highest damage awards. One of the most important forms



Tags: errors and omissions professional liability Property management property managers Property managers professional liability

Posted: January 31, 2018

D&O and E&O Insurance: What’s the Difference?

On the surface, it can be tough to tell the difference between directors & officers (D&O) and errors & omissions (E&O) insurance. Both policies, at their core, are designed to safeguard a business against losses from claims of negligent or malicious acts. However, this does not mean that the two policies are interchangeable. That is a common misconception, but the two policies each have distinct areas that they cover, and



Tags: D&O Directors & Officers Directors and officers E&O E&O Insurance Errors & Omissions errors and omissions

Posted: December 11, 2017

Professional Liabilities During the HolidaysThe holidays are a busy time for everyone. Between buying gifts for your friends and family, planning vacations, decorating your home, having and attending parties, and hosting houseguests, many people are likely very stressed during the month of December. In addition to the pressure of trying to get work completed in the midst of the additional responsibilities of the season, there are several workplace liabilities that appear or increase in



Tags: Employment Practices Errors & Omissions errors and omissions holidays professional liability

Posted: November 27, 2017

Computer Security Day Is Coming Up: Protect Your Business From Cyber AttacksOn November 30th, we will celebrate the international holiday Computer Security Day. The day was created in 1988, when computers started to become ubiquitous in business and in people’s personal lives. Since then, the day has served as a reminder to be aware of computer security and to protect against cyber risks. There are multiple things that you can do at your business during this day in order to protect



Tags: Computer Security Day cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security

Posted: October 30, 2017

Top Cyber Liabilities For Businesses

As technology has evolved, so have the ways in which it can be exploited. As October is National Cyber Security Awareness month, it’s important that every business take a look at their current cyber practices and the new trends in technology in order to be aware of potential sources for cyber attacks and to protect themselves accordingly. In addition to having Cyber Liability insurance to cover them in the event



Tags: cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security Cyber Security Hacking errors and omissions Insurance Phishing Threats ransomware social engineering

Posted: September 26, 2017

Common Employment Practices Liabilities in the Hiring ProcessThe hiring process can be wonderful for employers, but while it is exciting to add new talent to the team, the process can be dangerous if you are not careful. Just as applicants are expected to obey certain codes of conduct when applying for jobs, employers need to mind their behavior as well, though it’s not just  about etiquette: there are many legal restrictions on the hiring process, and disobeying



Tags: Employment Practices Employment Practices Liability Employment Practices Liability insurance Employment Practices Liability Insurance for Businesses EPL EPL insurance EPLI Errors & Omissions Hiring Process

Posted: July 28, 2017

Artificial Intelligence in the Workplace and Cyber Security ConcernsMany of you have probably used some form of artificial intelligence in your day-to-day lives, whether it is using Amazon’s Echo or Apple’s Siri to gain information or Tesla’s Autopilot feature on the road. Artificial intelligence isn’t just growing in our everyday lives; many businesses today are starting to implement artificial intelligence and machine learning into their workplaces to perform certain duties, increase productivity, and take some of the strain



Tags: Axis Insurance Services cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security

Posted: June 12, 2017

Cyber Crime: WannaCry Screams the Need to Protect Against RansomwareRansomware as a threat has been on the scene for a while, but it’s increasingly rising and widespread. Take a look at WannaCry, the recent ransomware that affected more than 200,000 computer systems in more than 150 countries and crippled transportation and hospitals globally. The majority affected were Windows-based computers that were not updated with a recently available and easily deployed patch.

Ransomware is a type of malware that, upon



Tags: Axis Insurance Services cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security data breach Data Breaches ransomware WannaCry

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