Category Archives: Financial Services

The risk manager of the future

risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Guide to casualty insurance for financial institutions


What is the purpose of casualty insurance? Casualty insurance is actually a catch-all term for a number of diverse coverages. The common thread that binds these various lines is that they are all concerned with losses caused by injuries. Casualty … Continue reading →

Six Practical Points to Remember When Doing M&A


Last year was a standout year for mergers and acquisitions (M&As). Not only did we see some of the largest deals in history, but the M&A market showed strength and depth with records broken for both the number of deals … Continue reading →

Turning whistleblowing to your advantage


The Dodd-Frank whistleblower program is picking up steam – and that doesn’t have to be a bad thing. According to, since its inception in 2011, the Securities and Exchange Commission (SEC) has awarded $85 million to 32 tipsters. A … Continue reading →

Robo-advisers – an iron giant


At the beginning of June, the Financial Conduct Authority (FCA) launched its Advice Unit, designed to help “robo-advisers” – firms offering automated advice through online platforms to deliver cheaper advice to consumers. Advice gap I’d give you advice, but you … Continue reading →

Fintech’s Achilles heel: The U.S. regulatory system


American Fintech is in danger. There is a real risk that financial innovation will fall between the cracks of what is already a convoluted system of regulation in this country. That is bad for everyone. It’s bad for the innovators … Continue reading →

Guide to property insurance for financial institutions


It is easy to be fooled into thinking that property insurance is straightforward. That would be a mistake. Continue reading →

First Half 2016 — Class actions are back . . . with a vengeance!

First Class D&O 645x400

As predicted in my A Perfect D&O Storm (February 2016), this year has seen some rough seas — at least from a D&O liability perspective. Securities class action filing activity grew to more than one-third higher than the 10-year securities … Continue reading →

Panama Papers: Could your cyber insurance cover you?


I wouldn’t be surprised if there are as many news stories related to the Panama Papers leak as there are actual number of papers leaked – around 11 million. Perhaps an exaggeration but the impact has been tremendous, no doubt … Continue reading →

CFPB Attempts to Kill Mandatory Arbitration


The Consumer Financial Protection Bureau (CFPB) proposed a new rule that could dramatically increase the frequency of class action litigation in the area of consumer finance and have a profound impact on the E&O market for financial institutions.    Continue reading →