Tag Archives: guides

Discipline is key to ERM

Risk management matters the most when it is the most expensive and most difficult. But unless the regular steps of risk management have already become muscle memory, it is much less likely that you will even think to do your … Continue reading →

2016 Top 10 – #4: Guide to directors & officers liability insurance for financial institutions

D&O insurance policies offer liability coverage for managers to protect them from claims that may arise when acting in the scope of their managerial duties. Continue reading →

2016 Top 10 – #9: Guide to RFPs: To bid or not to bid

The process of putting an insurance program out to bid e.g. a request for proposal (“RFP”) can be very time consuming. The decision to do so cannot be taken lightly. Continue reading →

Guide to basic economics behind insurance

Why do financial institutions buy insurance? There is something counter-intuitive about one financial institution agreeing to guarantee the risk of another financial institution. To understand why any corporation buys insurance it is important to understand the economics and motivations behind … Continue reading →

A communicator’s guide to an HR portal. If you build it, will they come?

I’ll let you in on a little secret. The answer is “No”. Even if you build the most state-of-the-art human resources website with videos, employee testimonials, gamification, Pokémon Go, and sharks with laser beams attached to their heads, employees still … Continue reading →

Guide to employment practices liability insurance for financial services

EPL-related exposures are still a thorn in the side of most financial institutions concerned about the reputational damage associated with allegations of discrimination or harassment. 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 →

Do look back: A guide to retrospective reinsurance

What is retrospective insurance? Retrospective solutions are backward looking. This means they cover claims that have already occurred, but whose ultimate costs are uncertain. Continue reading →

A reinsurer’s guide to Access to Records clauses

For decades, many reinsurance treaties were simple agreements between international professionals who knew and trusted each other. Deals were closed on a handshake, and the actual reinsurance contracts were simple because these were long-term relationships and everything could be worked … Continue reading →

DSU de-mystified

Delay in Set up (DSU) or “Delay in Completion” coverage continues to be the least understood and most contentious type of insurance for construction projects — especially as regards claims. As you will probably already be aware, this cover normally … Continue reading →