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Several companies are considering taking cyber insurance to seek protection against huge financial losses, especially after the prevalence of large-scale cyberattacks including the recent ones on SolarWinds and the U.S. Colonial Pipeline
Wholesale Insurance Broker, Founders Professional, Ramps up Staffing with Three New Hires
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Three Talented Individuals Join Growing Specialty Insurance Brokerage
We continue to add brilliant and capable people to stay ahead of the curve, so that our service and solutions are world class. ST. PETERSBURG, Fla. (PRWEB) May 24, 2021 On the tail of a banner year, and the increasingly complex commercial insurance market, specialty wholesale insurance broker, Founders Professional, is very excited to announce three new hires! Please join FoundersPro in welcoming three new Assistant Brokers to the FoundersPro team: Alanna Morrison, Pete Arcidiacono and Kevin Wunker.
Alanna Morrison - Alanna is a recent graduate of The Florida State University where she participated in various organizations including Gamma Iota Sigma (Insurance Business Fraternity), Kappa Alpha Theta (Social and Service sorority), Student Al
Insurance Requirements Updated for RFPs and Contracts
Insurance Requirements Updated for RFPs and Contracts
Subsite navigation May 7, 2021
Ohio University Enterprise Risk Management & Insurance in collaboration with the IUC-RMIC (Risk Management & Insurance Consortium) have updated the Recommended Insurance Requirements for new RFPs and Contracts. These requirements can be found here on the Risk Management webpage. Some significant changes for new contracts and renewals only: Employers’ Liability has increased from $500K to $1M, and the Cyber Liability (for contracts with service providers who have access to credit card information, student or employee records, health records, or any other Personally Identifiable or Protected Health Information) has risen from $1M to $5M. While the increase for the Employers’ Liability was not a surprise, the Cyber Liability requirement reflects the negative impact the pandemic has had on the industry.