Insurance and Risk Management

Filters

Family Office Risks: Managing the Impact of Change
Marsh Private Client Services
The complex, convergent nature of risks facing high-net-worth families requires family offices to adopt a different approach to risk management than many have in the past. A holistic approach, using
Should Your Family Office Consider a Group Excess Program?
BKS Partners
Families spend a lifetime building a legacy and tragically, just one lawsuit can place that legacy in jeopardy. The truth is that the most important coverage in one’s private insurance
Are Your Clients Working with the Right Insurance Resource?
AIG
Insurance advisors, like financial advisors, are not created equal. Effectively managing high-value assets and elevated personal liability exposure requires specialized expertise. Most, if not all,
Life Insurance Audits Versus Life Insurance Reviews
Stephen T. Herlihy, Wellspring Associates
A Life insurance audit is an everything-to-gain, nothing-to-lose proposition for a trustee of a trust that owns life insurance where significant planning is in place. A proper, thorough audit is
The Secret Key to Protecting Your Client's Wealth
PURE Insurance
Ultra-high net worth clients are often more focused on asset preservation than accumulation. Yet while they commonly own multiple homes, automobiles, watercrafts, heirloom jewelry and other expensive
Users Beware: Personal Conversations Are Not So Personal in Court
Warner Norcross & Judd
Most professionals understand that work emails can be “discovered” in litigation, meaning that adverse parties can obtain these communications if they are relevant to the dispute.
Is Your Family Office Ready for a Cyber Incident?
Warner Norcross & Judd LLP
Family offices and family businesses are frequent targets for cyberattacks because they do not realize their vulnerabilities and often do not have a cybersecurity plan in place. There are six steps
Approaching Prenuptial Agreements Positively
The mere word “prenup” strikes fear and anxiety into the hearts of most who hear it. When we realize we have to broach this topic, our thoughts immediately jump to the worst-case scenario - a broken
Hurricane Mitigation Insights: From the Front Lines
AIG
Based on decades of firsthand experience, our Hurricane Protection Unit provides insights and lessons learned from the front lines to help enhance your home’s resiliency in the event of a
Myths and Misconceptions about Residential Water Damage
AIG
Although water damage is the most frequent cause of loss to luxury homes, most people don’t appreciate the specific impact it could have on them—and therefore don’t take proactive