July 2022 - Lockton Affinity

Cyber Fraud Coverage for Fiduciaries: Computer Fraud vs. Funds Transfer Fraud

Most registered investment advisors see any potential fraud involving computers as a serious risk to business, but fraud coverage within a cyber liability policy can vary.

Unlike RIAs, insurers don’t think of cyber risks like fraud as one single risk, but as many varied risks. Policy underwriters break out these risks into categories, offering more, less or no coverage depending on a number

July 27th, 2022|Financial|

Understanding Workers’ Compensation for Your Business

Lots of businesses start out small. But as you hire more employees or open new locations, it’s important your workers’ compensation coverage keeps pace with your growth.

Understanding workers’ compensation for your business is important and helps ensure you manage risk and stay compliant. Here’s what to know:

Workers’ Compensation Covers

Workers’ compensation insurance provides benefits coverage to your employees in the event of a

July 12th, 2022|Small Business|