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Finding Your Equilibrium Managing Costs While Offering In-Demand Benefits
Our new “Employer’s Balancing Act” series was created to keep employers well-informed about the latest factors and trends that are driving up costs in the healthcare benefits space and how to achieve optimal results for...
Read On..The Ultimate Guide to Streamlined Employee Training
By Eric Wokas, CSP ARM, Senior Risk Engineer Many of the traditional methods of training require scheduling a group training, setting up a classroom, getting a qualified instructor, and administering a test. And then, after...
Read On..Managing Risk and Limitations For Chatbot ChatGPT
By Gwen Luu, Partner – Commercial Risk A new artificial intelligence (AI) tool is emerging in the digital universe: quasi-human language processor ChatGPT. ChatGPT is penetrating the AI landscape by producing conversational text and human-like...
Read On..Minimize Cost, Maximize Talent Retention Utilizing Contribution Modeling to Your Benefit
By Barry Fields, Partner – Employee Benefits As healthcare costs continue to rise, employers are looking for effective ways to contain costs. One way is to leverage contribution models to allow both employers and employees...
Read On..Protect Your Business & Reputation Why Professional Liability Insurance Is A Must-Have In Today’s World
By Nick D’Onofrio, Associate Advisor Whether you own a large or small business, you face liability risks, and there are two types of policies you need to consider. General Liability insurance provides coverage for a...
Read On..Maximizing Your Condo Insurance: The Importance of Loss Assessment Coverage
By Debbie Torres, CISR Elite, CPIA – Senior Client Manager & David Velasco, EBP – Assistant Vice President In most condominium communities, the association carries an insurance policy that provides coverage for incidents that occur...
Read On..Tackling Global Challenges: The Insurance Industry’s Response to Systemic Risks
By Gwen Luu, Partner – Commercial Risk A technologically connected world means more opportunity for global financial disruption, otherwise known as systemic risk. The Financial Stability Board defines systemic risk as “the risk of disruption...
Read On..Reducing Workers’ Compensation Claims: The Impact of Integrity Screening in Hiring Practices
By Eric Wokas, CSP ARM, Senior Risk Engineer Employers who need to reduce workers’ compensation claims are turning to claims prevention through better hiring practices. The standard tools are application, reference check, criminal background check,...
Read On..The Alarming Increase in Nuclear Verdicts Across the Trucking Industry and How to Avoid Them
By Meaghan Tyndale-Williams, Advisor August of 2022, a Florida jury handed down a billion-dollar verdict against two trucking companies. According to press reports, the crash occurred in early September 2017, taking the life of Connor...
Read On..Small Business, Big Risk: Why Cyber Insurance is a Must-Have Protection
By Nick D’Onofrio, Associate Advisor Just because your company is small does not mean you are immune to cyberattacks. While small business owners focus on growing their companies and generating revenue, they can overlook a...
Read On..The Importance of Mitigating Systemic Risk for Business Continuity
By Gwen Luu, Partner A technologically connected world means more opportunity for global financial disruption, otherwise known as systemic risk. The Financial Stability Board defines systemic risk as “the risk of disruption to the flow...
Read On..Weathering the Hardened Property Market: Why You Need a Insurance Broker
The current property insurance market is characterized by increased pricing, diminished capacity, higher deductibles and retentions, greater underwriting scrutiny, and unfavorable coverage terms, which can create significant challenges for organizations who turn to insurance for...
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