Business Risk Management

Is a subset of risk management used to evaluate the business risks involved if any changes occur in the business operations, systems and process. It identifies, prioritizes and addresses the risk to minimize penalties from unexpected incidents, by keeping them on track.

We do Businesses Risk Management for the following risks:

Information Technology Risk Management

Classes we consider for Information Technology Risk Management:

Information Technology
Digital Marketing
Network Management Services
Software Development
Web Page Design
Web Presence Consulting, Search Engine Optimization

Start Ups
Database Administration
Internet Access Provider
Programming & Coding
Application Service Provider
System Analysis & Design
Web Page Hosting

Cyber Liability Insurance

Cyber Liability Insurance covers financial losses that result from data breaches and other cyber events. Many policies include both first-party and third-party coverages. First-party coverages apply to losses sustained by your company directly.

Cyber insurance generally covers your business liability for a data breach involving sensitive customer information, such as social security numbers, credit card numbers, account numbers, driver’s license numbers and health records.

Parking Risk Management, Parking Structures Insurance

Our Parking and Valet Operators Program designed for businesses engaged in operations related to parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking for special events. If qualified, coverage can be written by carriers rated “A” XV or better by A.M Best. We also have markets for not so perfect risks.

Exposures can include parking operations at retail or office complexes, hotels, entertainment venues, restaurants, medical centers, high-rise residential facilities and airports, and extend to incidental operations in conjunction with parking, such as car washing, detailing and minor repairs; moving a customer’s vehicle to a repair facility for minor repairs; and basic concierge type services such as luggage assistance or bellman operations.

The program provides Garage Liability and Commercial General Liability with additional broadened coverages, and garage keepers legal liability. General liability limits include a general aggregate of $2 million that applies per location, and the Garage Keeper’s Legal Liability carries a per-vehicle limit of up to $250,000 with $1 million per location and policy aggregate limits of $5 million. Excess Liability limits of up to $50 million are available.

Manufacturing & Distribution Commercial Insurance

Flexible liability coverage for manufacturers, importers, sellers or distributors of a wide range of products.
Claims made coverage, which is particularly suited to smaller, start-up companies
Worldwide coverage
Will consider most risks including:

- Produce and Processed Food
- Garment Manufacturers and Distributers
- Medical and Sports Equipment
- Vitamins, Drugs, Supplements
- Automotive & Industrial Products
- Health & Fitness Products
- New Products

Professional Liability, Errors and Omissions, Medical Malpractice

The Problem

Consultants and professionals from many different business sectors are vulnerable to liability as a result of an error or omission in their work.

The Risk

Lawsuits that result in potentially large penalties and can jeopardize a professional's business and reputation.

The Solution

We provide Professional/Miscellaneous E&O Liability Insurance coverage offered through preferred insurance companies for professionals from A to Z.

Consultants and other professionals work in a wide range of fields, where liability can lurk around every corner. Even the most dedicated and diligent professional can overlook or miscalculate a small detail, turning a satisfied customer in to a disgruntled adversary overnight.

Professional Liability Insurance (PLI), is also known as Errors and Omissions. Medical Malpractice Insurance also is a form of Professional Liability which protects physicians and other licensed health care professionals (e.g., dentist, nurse). But more commonly known as Errors & Omissions (E&O) in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder.

These are causes for legal action that would not be covered by a mere general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.

Coverage sometimes provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional Liability Insurance is required by law in some areas for certain kinds of professional practice.

Employment Practice Liability, EPLI

Employment Practices Liability Insurance, known in the trade as EPL insurance or EPLI, provides coverage to employers against claims made by employees alleging: Discrimination (based on sex, race, age or disability, for example), Harassment, Wrongful Termination, including Wages and Hours.